CoinDesk
The U.S. crypto industry's campaign-finance machine is delivering measurable results heading into midterm season. Fairshake PAC — backed primarily by Coinbase, Ripple, and a16z — spent $6.5 million to oust longtime House Financial Services Committee member Al Green in Texas, a Democrat who had voted against crypto legislation and co-sponsored a bill targeting Trump's personal crypto interests. Across Texas, Kentucky, Alabama, and Georgia, Fairshake's combined $20-plus million in primary spending has produced a string of wins for candidates expected to support digital asset legislation.
But the more significant structural shift may be the arrival of new PACs that are abandoning Fairshake's careful bipartisanship.
CoinTelegraph
TheBlock