Crypto PAC Fairshake deploys $30M against Sherrod Brown after Clarity Act collapse
The crypto industry is escalating its political spending ahead of the 2026 midterms, with super PAC Fairshake committing at least $30 million to defeat Democratic Senator Sherrod Brown in Ohio. This move follows the unanimous Senate rejection of the Clarity Act, a key regulatory bill for digital assets. While Fairshake maintains a bipartisan stance, the heavy spending against a prominent Democrat risks alienating the party, potentially jeopardizing future legislative cooperation. The industry holds over $120 million in reserves, but internal debates continue over whether to prioritize partisan attacks or maintain bipartisan support to revive stalled legislation.
