Fairshake PAC Backs 32 House Candidates for 2026 Midterms

Cryptocurrency political action committee Fairshake announced on October 5, 2026, that it is backing 32 House of Representatives candidates ahead of the 2026 United States midterm elections. Cointelegraph, CoinDesk, CNBC, and Roll Call all reported that the group is supporting incumbent candidates who voted in favor of the CLARITY market structure bill in 2025. The legislation remains stalled in the Senate. [1][2][4][8]

Cointelegraph reported that the PAC will initially commit a combined 6 million dollars across six House candidates. CoinDesk detailed that about 1 million dollars each will go to three candidates from each major political party. Cointelegraph added that the list of supported candidates includes 19 Republicans. [1][2]

Fairshake is a political action committee funded by cryptocurrency industry figures and entities. As reported by Cointelegraph, major contributors to the super PAC include Coinbase, Ripple Labs, and Andreessen Horowitz. In the 2024 United States elections, Fairshake spent nearly twice as much on Republican candidates as on Democratic candidates. [1][9]

The candidate backing comes ahead of the 2026 midterm elections, which are scheduled for November 3, 2026. All 435 seats in the U.S. House of Representatives will be contested during the cycle, as the cryptocurrency industry continues its push for a favorable legislative framework. [1][10]