Fairshake Backs 32 House Candidates Across Both Parties

Crypto super PAC Fairshake plans to support 32 House candidates in the 2026 election, including 19 Republicans and 13 Democrats. Six races are set to receive $1 million each in outside support. Fairshake has not disclosed the amounts planned for the other contests.

The six candidates with disclosed commitments are Republicans French Hill, Bryan Steil and Bill Huizenga, and Democrats Janelle Bynum, Steven Horsford and Derek Tran. Hill chairs the House Financial Services Committee, Steil chairs its digital-assets subcommittee and Huizenga is the committee’s vice chair.

Fairshake is an independent expenditure-only political committee. It can pay for advertising and other political activity that supports or opposes candidates, but it cannot give campaign funds directly to candidates or coordinate its spending with their campaigns.

The candidates include lawmakers with influence over financial legislation and Democrats who supported the crypto industry’s main legislative proposal. The House passed the CLARITY Act in July 2025 by a vote of 294-134. All 216 voting Republicans supported the bill, along with 78 Democrats.

The bill would have established rules for digital-asset markets, including which regulators oversee different crypto businesses and what registrations, licenses and disclosures they need. It later failed to advance in the Senate after disagreements over ethics provisions and lawmakers’ financial interests.

Fairshake’s planned spending covers candidates from both parties based on their positions on crypto policy. Crypto companies have contributed to Republican and Democratic candidates in elections ranging from local contests to races for Congress.

Outside spending does not establish why a candidate supports crypto legislation. It can, however, reduce the amount a campaign needs to spend on advertising and other public-facing activity. A group can pay for advertising that benefits a candidate without coordinating with the candidate’s campaign or discussing the group’s narrower policy goals in the advertisement.

Crypto companies have sought clearer rules for exchanges, token issuers, software developers and customers. Lawmakers still must decide which agencies will oversee digital-asset businesses, what companies must do to comply and what protections users receive.

The interests of crypto companies and users may differ. An exchange, token issuer or blockchain developer may seek provisions that lower compliance costs, while customers may prioritize disclosures, access to funds and legal remedies if a company fails.

Fairshake is expected to assess its political results in November 2026. The effect of its spending will depend on which candidates win and on the wording of any digital-asset legislation Congress considers.