Fairshake is preparing to spend $30 million to oppose Sherrod Brown’s bid to return to the U.S. Senate after the Clarity Act stalled, according to a Fox Business crypto reporter who posted the update on X. The New York Times first reported the development, and a Fairshake spokesperson later confirmed it.
The report said that if Brown wins, he could regain seniority and serve as, or again become, chair of the Senate Banking Committee or the top minority member. The planned spending highlights how crypto-linked political groups are positioning around a race that could affect leadership on one of the key congressional panels covering financial regulation.
Fairshake is preparing to spend $30 million to oppose Sherrod Brown’s bid to return to the U.S. Senate after the Clarity Act stalled, according to a Fox Business crypto reporter who posted the update on X.
If Brown wins, he could regain seniority and serve as, or again become, chair of the Senate Banking Committee or the top minority member, the report said.
The New York Times first reported the development, and a Fairshake spokesperson later confirmed it.
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