News linked to both this project and an event.
According to The Washington Post, MAGA Inc., the primary Super PAC affiliated with U.S. President Trump, has spent $277 million to support Republican midterm election candidates, retaining approximately $164 million in funds as of last week. MAGA Inc. transferred $200 million to its affiliated Super PAC, No Going Back PAC, and $25 million to Safety & Affordability PAC; since September, it has also directly spent roughly $34 million on advertising to attack Democratic candidates, including Texas Senate candidate James Talarico.
According to data released by the U.S. Federal Election Commission (FEC), two crypto Super PACs under Fairshake, Defend American Jobs and Protect Progress, have already invested approximately $2.7 million ahead of the midterm elections for advertising and direct mail campaigns to support bipartisan House candidates.
Crypto political action committee Fairshake and its affiliates spent $2.7 million on advertising ahead of the 2026 U.S. midterm elections, focusing on supporting multiple House candidates.
According to Cointelegraph, former New York Governor Andrew Cuomo stated during a conversation at Token2049 with OKX CEO Xu Xingming that the cryptocurrency industry's heavy tilt toward the Republican Party has alienated Democrats, and that passage of federal crypto legislation such as the CLARITY Act requires bipartisan support. Data indicates that crypto PACs contributed $54.3 million to Republicans and $26.2 million to Democrats during the 2026 election cycle, with an additional $23.2 million spent against Democratic candidates. Cuomo also rejected the notion that the Democratic Party is inherently opposed to cryptocurrency, noting that crypto aligns closely with Democratic values regarding financial inclusion, and urged the industry to adopt a more balanced approach to political donations.
According to Cointelegraph, the crypto political action committee Fairshake, backed by Coinbase, Ripple Labs, and Andreessen Horowitz, announced it will fund 32 House candidates in the 2026 U.S. midterm elections, including 19 Republicans and 13 Democrats. As an initial round, Fairshake will contribute $1 million each to the campaigns of six of these candidates, totaling $6 million. All 32 candidates previously voted in 2025 to advance the Digital Asset Market Clarity Act (CLARITY Act). The bill had earlier failed to pass a crucial procedural vote in the Senate, and its subsequent progress remains uncertain.
Crypto Political Action Committee (Crypto PAC) Fairshake has released its midterm election House endorsement list, evaluating candidates based on their level of support for crypto policy.
Crypto Super PAC Fairshake has announced a list of 32 incumbent U.S. House members it supports in the November election, with six of them each receiving $1 million in funding.
Fairshake-affiliated Defend American Jobs PAC has spent $11.4 million supporting Republican candidate Jon Husted and opposing Sherrod Brown. This is part of the organization's $30 million budget plan aimed at preventing Brown from returning to the Senate.
According to Decrypt, Build American AI, an advocacy group under the super PAC "Leading the Future" backed by Marc Andreessen, Ben Horowitz, and OpenAI President Greg Brockman, has announced it will invest millions of dollars in advertising across Kansas, Ohio, and Wisconsin to strongly support data center construction. However, a recent poll from the Annenberg Public Policy Center shows that 61% of U.S. respondents oppose building new data centers locally, a significant rise from 49% earlier this year. A majority opposed the projects across all major political affiliations, with Democrats at 69%, Republicans at 54%, and Independents at 53%. President Trump commented on the matter, stating that communities resisting data centers would be "backward and poor," and warned that China is eager to see this backlash. Currently, New York has imposed a moratorium on hyperscale data centers, Texas has halted approvals, and multiple cities have followed with bans. According to Data Center Watch, approximately $130 billion in projects faced obstacles or delays in the first quarter of 2026.
According to CNBC, the Democratic Senate primary in Massachusetts will take place next Tuesday, with artificial intelligence emerging as a central focus. The race between incumbent Senator Ed Markey, 80, and Representative Seth Moulton, 47, continues to heat up. Moulton seized on Markey's gaffe during a debate where he admitted to not knowing whether he uses AI himself, turning it into a campaign ad that cited the incident as exactly "why we need a new generation of leaders." Public First Action, an organization supported by Anthropic, donated $500,000 to the Markey-supporting PAC "Commonwealth Together," citing Markey's "clear support for AI regulation" and his leadership in driving a 99-to-1 vote to remove a statewide AI regulatory ban provision from a budget reconciliation bill. Anthropic has previously donated $20 million to the organization. Both candidates advocate for stronger AI regulation: Moulton calls for federal AI legislation, while Markey has introduced an "AI Accountability Agenda." Markey also boasts endorsements from prominent progressive figures such as Sanders, Warren, and Ocasio-Cortez. Latest polls show Markey leading Moulton by 35 percentage points, 63% to 28%.
Odaily News: According to sources familiar with the matter, NVIDIA plans to establish an employee-funded U.S. Political Action Committee (PAC) named NVPAC, aimed at participating in U.S. political activities and supporting related policy initiatives.Sources indicated that the committee's funding will primarily come from personal donations by NVIDIA employees, with specific operational details and areas of support yet to be announced.In recent years, as artificial intelligence, chip export controls, and technology regulatory policies have drawn heightened attention from the U.S. government, tech companies like NVIDIA have been intensifying their engagement with policymakers. The establishment of NVPAC is also seen as a step by NVIDIA to further participate in shaping the U.S. policy environment.
Stand With Crypto, a Coinbase-backed organization, has announced endorsements for 32 U.S. midterm congressional candidates, aiming to advance the passage of pro-crypto policies and influence federal digital asset legislation.
Odaily News: Citing sources, Fox News reporter Aishah Hasnie revealed that Trump will begin tapping into approximately $400 million from his personal super political action committee "MAGA Inc" to support Republicans facing competitive races in the November midterm elections this year.
PACs under the cryptocurrency political action committee Fairshake spent approximately $3.6 million supporting candidates in the Alaska, Florida, and Wyoming primaries; 4 out of 5 won, but one seat in Florida was lost.
The crypto industry super PAC Fairshake spent approximately $2 million supporting relevant candidates in Florida's congressional primaries, but failed to influence the election results.
加密货币 PAC Fairshake 关联组织在密歇根初选失利后，向佛罗里达、阿拉斯加和怀俄明州联邦候选人投入超 150 万美元媒体资金，支持 8 月 18 日初选。
In the Michigan Democratic primary, incumbent representative Shri Thanedar lost to opponent Donavan McKinney with a 48.1% vote share, as the crypto-backed PAC's media spending of over $2 million failed to turn the tide.
Odaily News: Michigan State Representative Donavan McKinney defeated incumbent U.S. Representative Shri Thanedar in the Democratic primary for Michigan's 13th Congressional District. As of Wednesday, McKinney held 51.9% of the vote, compared to Thanedar's 48.1%. In this primary, Protect Progress, a crypto-backed political action committee, spent over $2 million on media expenditures to support Thanedar's re-election and oppose McKinney. Protect Progress is affiliated with Fairshake, which is primarily backed by crypto companies Coinbase and Ripple. Thanedar previously voted in the House in favor of bills such as the GENIUS Act and the CLARITY Act. McKinney will face Republican candidate Taras Nykoriak in the November election.
Cryptocurrency exchange Gemini has donated approximately $10 million worth of Bitcoin to MAGA Inc., a super PAC supporting former US President Donald Trump. According to a report filed with the US Federal Election Commission (FEC), Gemini co-founders Cameron Winklevoss and Tyler Winklevoss completed the donations in two installments on June 19, each worth over $5 million. This donation occurred about three weeks after the CFTC and Gemini jointly filed a motion with the US District Court for the Southern District of New York, seeking to vacate the $5 million settlement agreement reached in January 2025. The settlement stemmed from the CFTC's earlier allegations that Gemini had made false or misleading statements. MAGA Inc. can use these funds to support independent political expenditures for Donald Trump. Previously, the Winklevoss brothers each donated $1 million to Donald Trump's 2024 campaign and contributed $21 million worth of Bitcoin to the Digital Freedom Fund PAC to support the crypto policy direction of the Trump administration. Currently, the court has not yet ruled on the motion to vacate the settlement between the CFTC and Gemini. Meanwhile, CFTC Chairman Michael Selig remains the sole commissioner of the agency. As of June 30, MAGA Inc. has reported receiving over $397 million in funds.
documents filed by Protect Progress PAC, an affiliate of the crypto-focused political action committee Fairshake, with the U.S. Federal Election Commission (FEC) show that as of Tuesday, it has spent over $986,000 to support current Democratic Representative Shri Thanedar in Michigan’s 13th Congressional District and oppose challenger Donavan McKinney. The expenditure occurs two weeks before the August 4 Democratic primary, which will determine the party’s nominee for the November general election. Protect Progress PAC spent approximately $1 million in 2024 to support Thanedar, who received 54.9% of the vote in that year’s Democratic primary and went on to secure 68.6% of the vote in the November general election. Fairshake and its affiliated organizations report having a $191 million war chest to influence key elections. Other crypto industry-related political action committees include the Fellowship, backed by Cantor Fitzgerald and Anchorage Digital, and the Blockchain Leadership Fund, supported by Anchorage and Chainlink Labs. Protect Progress PAC has also spent over $100,000 to support Arizona Representative Greg Stanton’s re-election. Meanwhile, Defend American Jobs PAC has spent over $65,000 to support Amanda McKinney, the Republican candidate in Washington’s 4th Congressional District.