Republican

2024

Millions

<ul class="wp-block-list news-points">
 <li><strong>Fairshake PAC spent $29M in September, heavily influencing tight U.S. House races.&nbsp;&nbsp;</strong></li>
 <li><strong>Crypto donations are bipartisan, with $6.2M going to Democrats and $2.3M to Republicans.&nbsp;&nbsp;</strong></li>
 <li><strong>The crypto industry is a major 2024 election donor, contributing $190M, half from corporate sources.&nbsp;&nbsp;</strong></li>
</ul>
<p>Fairshake, a top pro-crypto super PAC, spent nearly $29 million in September to back pro-crypto candidates in tight House races across the U.S., aiming to shape future cryptocurrency policy. Data from the Federal Election Commission (FEC) shows a significant portion of this money went to competitive districts, supporting candidates favorable to the cryptocurrency industry.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Top crypto PAC targets close House races as 2024 election hits final stages <a href="https://t.co/rMMhxsgt8j" target="_blank" rel="noopener noreferrer nofollow">https://t.co/rMMhxsgt8j</a></p>— CNBC (@CNBC) <a href="https://twitter.com/CNBC/status/1848099993887916424?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 20, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="h-millions-flow-through-affiliated-pacs-for-targeted-crypto-influence">Millions Flow Through Affiliated PACs for Targeted Crypto Influence</h2>
<p>Of Fairshake’s September spending, $20 million was funneled into two affiliated PACs: Defend American Jobs PAC and Protect Progress PAC. Defend American Jobs PAC, which focuses on cryptocurrency and blockchain policy, allocated $15 million to support Republican candidates, while Protect Progress PAC directed $5 mi…</p>
<p>The post <a href="https://coinedition.com/pro-crypto-super-pac-invests-millions-in-2024-u-s-congressional-races/" rel="noopener noreferrer nofollow">Pro-Crypto Super PAC Invests Millions in 2024 U.S. Congressional Races</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Pro-Crypto Super PAC Invests Millions in 2024 U.S. Congressional Races

Table of Contents

Coin Edition

Other articles published on Oct 21, 2024

Bitcoin Price Aligns with 2021 Record High vs. S&P 500, Ready for New All-Time High?

Qubetics’ Successful Presale and 4 Other Cryptocurrencies to Watch in 2024: Avalanche, Toncoin, N...

Veteran Analyst Predicts Future Prices for Top Meme Coins After Market Updates – Which Coin Will ...

Is Kaspa (KAS) Price Dip Finally Over?

Qubetics Presale Success: $TICS Token Eyes 93,800% ROI as Zignaly and Ethereum Push Innovation

UK Pension Powerhouse L&G Ventures Boldly into Crypto Tokenization Market

Join our free newsletter for daily crypto updates!