Fairshake’s Strategic Endorsements and the Impact of Crypto Legislation on the 2026 Midterms

Fairshake Targets House Candidates in 2026 Midterms with Major Endorsements and Funding

In a bold move signaling its commitment to the cryptocurrency industry, Fairshake has announced plans to endorse an additional 32 House candidates for the 2026 elections, just days after the Federal Election Commission (FEC) released its latest reports. Among these candidates, six will receive a substantial $1 million each in media support, although none of them were included in the recent Defend American Jobs and Protect Progress expenditures. Notably, some incumbents, including Representatives Tom Emmer, Pete Aguilar, Josh Gottheimer, and Mike Thompson, are on the list, highlighting Fairshake’s strategy to bolster pro-crypto voices in Congress.

As of August, Fairshake’s financial clout is impressive, boasting $122 million in cash reserves aimed at influencing midterm elections. The PAC’s strategy is clear: to elevate pro-crypto candidates while actively opposing those who have historically voted against the industry’s interests. A significant target is former banking committee chair Sherrod Brown, who is running for Senate in Ohio. Fairshake has earmarked at least $30 million for media buys to counter Brown, who has been a vocal opponent of legislation favorable to the crypto sector.

The stakes are high as the 2026 midterms approach, particularly with the recent discussions surrounding the Digital Asset Market Clarity (CLARITY) Act. All candidates targeted by Fairshake’s spending voted in favor of this pivotal legislation in 2025, which aimed to establish clearer market structure rules for the cryptocurrency industry. The bill, which sought to empower the Commodity Futures Trading Commission (CFTC) with greater regulatory authority, garnered bipartisan support in the House but ultimately faltered in the Senate during a procedural vote in September.

In response to the failed CLARITY vote, Stand With Crypto, an initiative launched by Coinbase, has issued a warning to lawmakers. The group, which ranks politicians based on their public statements and voting records related to cryptocurrency, cautioned that candidates who do not advance pro-crypto legislation could face significant repercussions in the upcoming midterms. Stand With Crypto is mobilizing crypto-minded voters across the U.S., aiming to replicate its success from the 2024 elections.

As Fairshake ramps up its efforts, the 2026 midterms are shaping up to be a battleground for the future of cryptocurrency regulation in the United States. With substantial funding and strategic endorsements, the PAC is poised to make a significant impact, potentially reshaping the political landscape for pro-crypto candidates. As the election cycle heats up, all eyes will be on how these developments influence voter sentiment and legislative priorities in the years to come.