Fairshake, the prominent political action committee for the cryptocurrency industry, has published another roster of candidates it is backing for the upcoming November elections, supporting a total of 13 Democrats and 19 Republicans—all of whom are current incumbents running for seats in the U.S. House of Representatives.
These candidates are generally viewed as secure picks to retain their positions in Congress, which could further solidify existing congressional backing for digital asset regulations. On top of this broad roster, six of these individuals are receiving financial backing of one million dollars each from Fairshake and its associated entities, according to a representative for the super PAC.
“Fairshake has always been and always will be an issue-focused organization,” stated Spokesman Geoff Vetter in an official remark. “We back pro-crypto candidates who support American innovation in both parties.”
Among the Republicans, the leading beneficiaries include three prominent figures within cryptocurrency circles: French Hill, who serves as the chairman of the House Financial Services Committee and spearheaded digital asset bills in the House; Bill Huizenga, a senior member of that same panel; and Bryan Steil, another committee member who also leads the digital assets subcommittee.
For the Democratic side, higher financial backing is directed toward Steven Horsford, a legislator from Nevada who helped steer a bipartisan crypto tax measure through the House tax panel he belongs to, along with Derek Tran from California, as noted by Fairshake. Both legislators hold an “A” grade regarding digital asset policies from Stand With Crypto, a distinction shared by the third recipient, Janelle Bynum.
Bynum is a Democratic incumbent representing Oregon who defeated Republican Lori Chavez-DeRemer for her congressional position two years ago. Chavez-DeRemer, who received support from Fairshake during the previous election cycle, later directed President Donald Trump’s Department of Labor before stepping down earlier this year amidst several allegations of misconduct. Bynum cast votes in favor of crypto legislation throughout her initial term and spoke at the Digital Chamber’s DC Blockchain Summit earlier this year.
The 32 House incumbents featured on Fairshake’s newest roster are strategically positioned for the sector’s upcoming legislative priorities, with numerous members sitting on the House Ways and Means Committee, which handles cryptocurrency tax matters, and many others serving on the vital House Financial Services Committee. Additional panels covering agriculture, science, and the judiciary—all expected to play crucial roles in future digital asset legislation—are also represented among these candidates.
Vetter mentioned that his group has successfully supported 53 victors out of 57 primary contests and is actively working toward establishing “the largest pro-crypto caucus in American history.” Throughout many of those primary contests, Fairshake favored candidates belonging to the political party most likely to secure victory in the general election, mirroring a successful strategy from the prior election cycle.
Nevertheless, the House has not been the source of the sector’s most significant legislative challenges. Although the U.S. Senate passed a major digital asset measure last year known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS) Act, outcomes were less favorable in the Senate concerning the more crucial market structure legislation pursued in recent months.
Despite the Digital Asset Market Clarity Act failing last month, Fairshake has not initiated a public initiative to unseat senators who opposed the legislation, a group that encompassed all Democrats and a small number of Republicans. The political action committee’s primary opposition effort focuses on former Senator Sherrod Brown, the Ohio Democrat who previously led a hostile Senate Banking Committee and is currently attempting a congressional comeback. Fairshake has allocated roughly $30 million to defeat him, while a separate PAC founded by Tyler and Cameron Winklevoss has contributed an additional $3 million against Brown’s campaign.
The expenditures made by Fairshake consist of independent media advertising purchases conducted separately from the official candidate campaigns. The super PAC avoids mentioning cryptocurrency directly as a talking point in those commercials, concentrating instead on themes it calculates have the highest probability of influencing voters.
Read More: Crypto made new friends in U.S. primaries, but focus now shifts to general election
Originally published at https://www.coindesk.com/policy/2026/10/05/crypto-s-campaign-arm-fairshake-sets-lists-of-u-s-house-favorites-it-ll-spend-on.
