Fairshake PACs' $2.7M House push tests crypto's path to clear rules

A bipartisan bet that just lost a vote

The House passed the CLARITY Act in July 2025. But in September 2026, all Senate Democrats and several Republicans voted against advancing it. President Donald Trump’s crypto ventures became a sticking point, with Democrats demanding tougher limits on officeholders’ dealings, Reuters reported.

Supporters must now grapple with the dilemma of whether to punish their opponents, or to instead safeguard the ties that have two election cycles and more than $300 million to build.

“It’s a pretty hard needle to thread.”

— Ron Hammond, Wintermute’s head of policy and advocacy, speaking to Reuters.

Meanwhile, Fairshake has not divulged its approach to the Senate race yet. The organization has reserved $30 million to spend against former Ohio Senator Sherrod Brown, whom it helped defeat in 2024. Cryptopolitan indicates that they have also been involved in campaigns of 32 sitting members of the House of Representatives.

Why regulation still tops investors’ worry list

Investors are disturbed by uncertainty. According to an August 2026 survey of 30 fund managers with about $1.16 trillion in assets under management by CoinShares, regulation remains the primary worry for investors already in crypto.