Fairshake backs 32 House candidates with at least $6 million

Fairshake said Monday it will support 32 House candidates in November’s midterms, with $1 million in planned spending for each of six lawmakers, as the crypto industry looks to build support for stalled legislation. The slate includes 19 Republicans and 13 Democrats, according to the Associated Press report on Fairshake’s announcement. The group has not disclosed spending amounts for the other 26 candidates.

Which six House members are getting $1 million each?

Fairshake named Democrats Janelle Bynum of Oregon, Steven Horsford of Nevada and Derek Tran of California, and Republicans French Hill of Arkansas, Bryan Steil of Wisconsin and Bill Huizenga of Michigan. Roll Call’s report identified Hill, Steil and Huizenga as leaders on the House Financial Services Committee; all six allocations are spending plans, not direct campaign contributions.

Fairshake’s full slate includes House incumbents from both parties. The AP reported that all 32 supported legislation that was a priority for the crypto industry.

What legislation has stalled in the Senate?

The House passed a digital-asset market-structure bill in July 2025, but the Senate blocked it in a procedural vote last month, Roll Call reported. The bill would establish rules for digital-asset markets; lawmakers had not reached agreement on ethics provisions, including safeguards against public officials profiting from crypto ventures.

Fairshake and its affiliated PACs reported about $120 million in cash at the end of August, according to the AP. The group has also announced plans to spend nearly $30 million against Democratic Senate candidate Sherrod Brown in Ohio, where he is challenging Republican Sen. Jon Husted. Fairshake has not said how much more it may spend in House or Senate races before November.

Sources

• Associated Press report on Fairshake’s announcement — apnews.com
• Roll Call’s report — rollcall.com