{"id":6157,"date":"2026-01-29T15:36:01","date_gmt":"2026-01-29T15:36:01","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6157"},"modified":"2026-01-29T15:36:01","modified_gmt":"2026-01-29T15:36:01","slug":"furious-crypto-lobbyists-aim-193-million-war-chest-at-washington-chokepoints-not-voters-in-2026-midterms","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6157","title":{"rendered":"Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Fairshake and its affiliate super PACs announced they have more than $193 million in cash on hand heading into the 2026 midterms.<\/p>\n<p>The amount includes $74 million raised since July from three contributors: $25 million from Coinbase, $25 million from Ripple, and $24 million from a16z. The network, consisting of Fairshake plus Protect Progress (Democratic-oriented) and Defend American Jobs (Republican-oriented), operates as a bipartisan machine designed to outlast partisan cycles.<\/p>\n<p>The Washington Post previously documented the network spending more than $134 million across 67 candidates in 2023-2024, focusing heavily on members of key oversight committees, such as the Financial Services and Agriculture committees.<\/p>\n<p>The money doesn&#8217;t translate into law the way most investors think it does.<\/p>\n<p>Super PACs cannot donate directly to candidates or coordinate messaging with campaigns. What $193 million buys is electoral selection and message dominance in the specific races that determine who writes and blocks crypto legislation.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/crypto-superpac-congress-1024x538.jpg\" alt=\"Crypto Super PACs raise $102M to support crypto-friendly US candidates\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/crypto-superpac-congress-1024x538.jpg\" alt=\"Crypto Super PACs raise $102M to support crypto-friendly US candidates\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Crypto Super PACs raise $102M to support crypto-friendly US candidates<\/h3>\n<p class=\"cs-article-embed__summary\">Over $50 million from Coinbase and Ripple boosts Crypto Super PACs&#8217; influence in US electoral politics.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">May 7, 2024<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Oluwapelumi Adejumo<\/span><\/p>\n<\/div><\/div>\n<p>The real target isn&#8217;t \u201cmore pro-crypto representatives.\u201d It&#8217;s the chokepoints: committee jurisdiction and agenda control.<\/p>\n<figure id=\"attachment_517292\" aria-describedby=\"caption-attachment-517292\" style=\"width: 1926px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-517292 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_RjCvF1upBT.jpg\" alt=\"Coinbase, Ripple, and a16z represent 38% of Fairshake's war chest\" width=\"1926\" height=\"938\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_RjCvF1upBT.jpg 1926w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_RjCvF1upBT-300x146.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_RjCvF1upBT-1024x499.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_RjCvF1upBT-768x374.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_RjCvF1upBT-1536x748.jpg 1536w\" sizes=\"(max-width: 1926px) 100vw, 1926px\"\/><figcaption id=\"caption-attachment-517292\" class=\"wp-caption-text\">Fairshake network holds over $193 million cash on hand for 2026 midterms, including $74 million raised since July from Coinbase, Ripple, and a16z.<\/figcaption><\/figure>\n<h2>Committee power determines what survives<\/h2>\n<p>House Financial Services and its digital assets subcommittee handle the SEC-facing aspects of market structure, such as custody, intermediaries, and debates over the stablecoin perimeter.<\/p>\n<p>House Agriculture and its digital assets and commodities subcommittee covers the CFTC lane: commodities and spot market oversight.<\/p>\n<p>Senate Banking is where a Senate market-structure push recently stalled.<\/p>\n<p>The Banking Committee delayed discussion of a draft crypto bill after Coinbase publicly opposed it in its then-current form. Senate Agriculture is simultaneously advancing its own market structure approach, announcing an updated digital commodities framework and scheduling a markup meeting for late January 2026.<\/p>\n<p>Money that nudges even a handful of seats can change who becomes chair or ranking member, who sits on these committees, and what survives markup.<\/p>\n<p>Fairshake&#8217;s leverage operates through independent expenditures that swamp ad markets in a small number of competitive races. This is especially true for primaries, where lower turnout makes narrative-setting cheaper per vote.<\/p>\n<table>\n<thead>\n<tr>\n<th>Committee<\/th>\n<th>Jurisdiction<\/th>\n<th>Crypto lane<\/th>\n<th>Current status signal<\/th>\n<th>Why Fairshake cares<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>House Financial Services<\/strong><\/td>\n<td>Oversees securities markets + financial intermediaries<\/td>\n<td><strong>SEC-facing market structure<\/strong> (custody, intermediaries, stablecoin perimeter)<\/td>\n<td><strong>Markup gatekeeper<\/strong> \u2014 \u201cwrites the SEC lane\u201d<\/td>\n<td>Committee composition determines <strong>what gets written<\/strong> and what survives amendments\/markup<\/td>\n<\/tr>\n<tr>\n<td><strong>House Agriculture<\/strong><\/td>\n<td>Oversees commodities markets + futures\/derivatives regulation<\/td>\n<td><strong>CFTC lane<\/strong> (commodities \/ spot market oversight)<\/td>\n<td><strong>Markup gatekeeper<\/strong> \u2014 \u201cwrites the CFTC lane\u201d<\/td>\n<td>Even small seat shifts can change <strong>who shapes the CFTC framework<\/strong> and who blocks it<\/td>\n<\/tr>\n<tr>\n<td><strong>Senate Banking<\/strong><\/td>\n<td>Banking system, securities regulation, consumer protection<\/td>\n<td><strong>Market-structure bottleneck<\/strong> (key Senate choke point)<\/td>\n<td><strong>Stalled\/delayed<\/strong> after Coinbase opposed draft in its then-current form<\/td>\n<td>Can <strong>slow\/reshape<\/strong> any Senate deal and force compromises that affect final statutory scope<\/td>\n<\/tr>\n<tr>\n<td><strong>Senate Agriculture<\/strong><\/td>\n<td>Commodities and derivatives oversight<\/td>\n<td><strong>Digital commodities framework<\/strong> (Senate CFTC pathway)<\/td>\n<td><strong>Markup scheduled late Jan 2026<\/strong> \u2014 \u201calternate Senate path\u201d<\/td>\n<td>Provides an <strong>alternate Senate route<\/strong>; momentum here can pressure Banking or define the negotiating baseline<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The mechanism disciplines fence-sitters, as money makes it costly to be seen as \u201canti-crypto\u201d in targeted districts, especially if the PAC signals credibly that it will play again in the next cycle.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/cftc-complaint-1024x538.jpg\" alt=\"Government plan to stop failing crypto exchanges delaying withdrawals and weaponize complaints\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/cftc-complaint-1024x538.jpg\" alt=\"Government plan to stop failing crypto exchanges delaying withdrawals and weaponize complaints\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Government plan to stop failing crypto exchanges delaying withdrawals and weaponize complaints<\/h3>\n<p class=\"cs-article-embed__summary\">Inside the structure bill that would create a retail advocate inside the CFTC and fund spot oversight through fees backed by a $150 million bridge.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jan 24, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Andjela Radmilac<\/span><\/p>\n<\/div><\/div>\n<p>A persistent spender becomes part of the assumed landscape, forcing candidates to pre-wire positions, staff hires, and coalition memberships earlier.<\/p>\n<p>The constraints are hard. Even if the network helps elect friendlies, it does not control floor votes, leadership decisions, or final bill text. This becomes trickier when crypto policy fractures along banks, exchanges, and DeFi lines.<\/p>\n<p>Senate market structure remains the bigger unfinished job, with Banking versus Agriculture approaches diverging and bank and consumer issues, such as stablecoin rewards and SEC-CFTC jurisdictional lines, still unresolved.<\/p>\n<h2>Policy pipeline shows what&#8217;s actually movable<\/h2>\n<p>Stablecoins already have a recent federal template. President Donald Trump signed the GENIUS Act into law in July 2025, creating a regulatory framework for US dollar-pegged stablecoins.<\/p>\n<p>Market structure remains unfinished, with the Senate still a bottleneck.<\/p>\n<p>Fairshake&#8217;s war chest is effectively a bet that 2026 is the committee-composition election for finishing market structure and a hedge that the window narrows as the midterm calendar eats floor time.<\/p>\n<p>Three scenario ranges define the next 12 to 18 months, framed in terms of committee throughput rather than \u201ccrypto wins.\u201d<\/p>\n<p>A bear case sees gridlock persist, with the Senate market structure stalled, 2026 campaigns compressing the calendar, and crypto coalition fractures keeping must-pass coalitions from forming.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/clarityAct-lane-1024x538.jpg\" alt=\"Here's how the US government now offers a path to a new all-time high for Bitcoin and crypto CLARITY\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/clarityAct-lane-1024x538.jpg\" alt=\"Here's how the US government now offers a path to a new all-time high for Bitcoin and crypto CLARITY\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Here&#8217;s how the US government now offers a path to a new all-time high for Bitcoin and crypto CLARITY<\/h3>\n<p class=\"cs-article-embed__summary\">The CLARITY Act introduces a regulatory framework to harmonize SEC and CFTC oversight, redefining asset classification and safeguarding investor interests.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jan 13, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Oluwapelumi Adejumo<\/span><\/p>\n<\/div><\/div>\n<p>The current Senate delays and public industry splits support this outcome.<\/p>\n<p>A base case sees partial clarity, with agency rulemaking accelerating: one chamber moves a narrower market-structure package or reconciles around limited common ground, and agencies proceed with a clearer crypto posture under current leadership, reducing enforcement ambiguity even without a grand bargain.<\/p>\n<p>Paul Atkins was sworn in as SEC Chairman in April 2025, at the same time as a large drop in CFTC enforcement actions and monetary relief, and a strategic shift.<\/p>\n<p>A bull case sees a full-market-structure deal: post-election, committee composition and leadership incentives align, the Senate produces a viable cross-committee deal, and the House and Senate reconcile into a comprehensive framework.<\/p>\n<div class=\"code-block code-block-5\" style=\"margin: 8px 0; clear: both;\">\n<div class=\"placement desktop us-deny-hide hidden\" style=\"max-height: 107px\">  <img width=\"1456\" height=\"180\" decoding=\"async\" style=\"display: block; width: 728px; max-height: 90px; max-width: 100%; margin: auto; height: 90px;\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/bc_game168_Sposorship_1456x180.gif\" alt=\"BC Game\"\/><img class=\"lazyload\" width=\"1456\" height=\"180\" decoding=\"async\" style=\"display: block; width: 728px; max-height: 90px; max-width: 100%; margin: auto; height: 90px;\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/bc_game168_Sposorship_1456x180.gif\" alt=\"BC Game\"\/> <\/div>\n<\/div>\n<p>The trend would be sustained markup momentum before summer 2026.<\/p>\n<figure id=\"attachment_517294\" aria-describedby=\"caption-attachment-517294\" style=\"width: 2215px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-517294 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc.jpg\" alt=\"Three different scenarios\" width=\"2215\" height=\"937\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc.jpg 2215w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-300x127.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-1024x433.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-768x325.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-1536x650.jpg 1536w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-2048x866.jpg 2048w\" sizes=\"(max-width: 2215px) 100vw, 2215px\"\/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-517294 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc.jpg\" alt=\"Three different scenarios\" width=\"2215\" height=\"937\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc.jpg 2215w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-300x127.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-1024x433.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-768x325.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-1536x650.jpg 1536w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/Photos_D8FYbAspDc-2048x866.jpg 2048w\" data-sizes=\"(max-width: 2215px) 100vw, 2215px\"\/><figcaption id=\"caption-attachment-517294\" class=\"wp-caption-text\">Senate Agriculture scheduled markup in late January 2026 while Senate Banking stalled, with pre-summer momentum needed for reconciliation before midterms compress calendar.<\/figcaption><\/figure>\n<h2>Why markets care about committee math<\/h2>\n<p>Regulatory clarity changes the risk discount.<\/p>\n<p>Clearer rules can change exchange listing and risk posture, stablecoin rails growth, institutional participation, and litigation and settlement expectations.<\/p>\n<p>The mechanism isn&#8217;t \u201cprice up,\u201d but \u201cuncertainty down, cost of capital down.\u201d<\/p>\n<div id=\"cs-inline-newsletter-697b7d3c85a36\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Markets price regulatory ambiguity as a risk premium. Committee throughput determines whether that premium compresses or persists.<\/p>\n<p>Agency posture has already shifted in documented ways. The SEC now operates under Atkins, and the CFTC has visibly reduced enforcement intensity and pivoted strategy.<\/p>\n<p>The remaining question is whether Congress locks those changes into statute or leaves them reversible, in an administrative posture vulnerable to the next leadership transition.<\/p>\n<p>That&#8217;s what makes 2026 committee composition matter: the difference between a temporary regulatory d\u00e9tente and a durable statutory framework.<\/p>\n<h2>Crypto&#8217;s political strategy may be fragmenting<\/h2>\n<p>Fairshake&#8217;s bipartisan machine is built for durability, but a new super PAC formation can signal intra-crypto strategic splits over which issues to prioritize and which party to overweight.<\/p>\n<p>The Winklevoss twins launched a separate pro-crypto super PAC in August 2025 with an initial $21 million investment, explicitly oriented to pro-crypto conservatives.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/winklevoss-cryptoPAC-1024x538.jpg\" alt=\"Winklevoss twins donate $21M to new crypto PAC targeting 2026 midterms\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/winklevoss-cryptoPAC-1024x538.jpg\" alt=\"Winklevoss twins donate $21M to new crypto PAC targeting 2026 midterms\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Winklevoss twins donate $21M to new crypto PAC targeting 2026 midterms<\/h3>\n<p class=\"cs-article-embed__summary\">The PAC advocates for &#8220;thoughtful Market Structure legislation&#8221; through what Winklevoss describes as a &#8220;Skinny Market Structure Bill.&#8221;<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Aug 20, 2025<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Gino Matos<\/span><\/p>\n<\/div><\/div>\n<p>The emergence of parallel vehicles suggests that crypto-political strategy may be entering a second phase, from bipartisan insurance to issue and party segmentation.<\/p>\n<p>The fracture lines already visible in Senate market-structure debates, highlighted by \u201cBanking versus Agriculture,\u201d \u201cSEC versus CFTC jurisdiction,\u201d \u201cstablecoin rewards and consumer protection,\u201d and \u201cDeFi oversight.\u201d<\/p>\n<p>This backdrop creates natural coalitional stress. Fairshake&#8217;s network spans both parties, but sustained bipartisan coherence requires the industry to maintain unified legislative priorities.<\/p>\n<p>If different crypto sectors start advocating for incompatible statutory treatments, outside money fragments along those lines. The Winklevoss move suggests some players are hedging that scenario by building partisan infrastructure in parallel.<\/p>\n<h2>One macro wildcard could reshape the advantage<\/h2>\n<p>A Supreme Court case could change the relative power of parties versus outside spenders ahead of 2026 by revisiting limits on coordinated party spending.<\/p>\n<p>If party committees regain greater coordination in spending, super-PAC money may face stronger institutional competition in the same races.<\/p>\n<p>That would compress Fairshake&#8217;s relative advantage in narrative-setting and candidate selection, forcing the network to compete with better-resourced party apparatuses that can coordinate directly with campaigns.<\/p>\n<p>The policy translation layers are clear but not deterministic.<\/p>\n<p>Super PAC money shapes who arrives in Congress and makes it costly to be anti-crypto in targeted districts. Committee composition determines what survives markup. Agency posture sets the enforcement baseline. The statutory framework either locks in regulatory clarity or leaves it vulnerable to reversal.<\/p>\n<p>Markets then price the delta between temporary d\u00e9tente and durable law.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/bitcoin-software-bill-1024x538.jpg\" alt=\"Why writing open-source code is suddenly an existential risk, and the five-page bill designed to fix it\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/bitcoin-software-bill-1024x538.jpg\" alt=\"Why writing open-source code is suddenly an existential risk, and the five-page bill designed to fix it\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Why writing open-source code is suddenly an existential risk, and the five-page bill designed to fix it<\/h3>\n<p class=\"cs-article-embed__summary\">The bill\u2019s bet is simple: if you can\u2019t unilaterally move someone else\u2019s assets, you shouldn\u2019t be regulated like you can.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jan 17, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Andjela Radmilac<\/span><\/p>\n<\/div><\/div>\n<p>Fairshake&#8217;s $193 million is a bet that 2026 is the committee-composition election that determines whether crypto gets a statutory market structure or remains stuck in agency-discretion limbo.<\/p>\n<p>The network&#8217;s bipartisan architecture is designed to withstand partisan cycles, but crypto policy fragmentation and the formation of new super PACs suggest the industry&#8217;s political strategy is starting to diverge.<\/p>\n<p>The open question is whether unified legislative priorities hold long enough to convert committee math into statute, or whether crypto&#8217;s political machine fractures before the work is done.<\/p>\n<div class=\"post-bottom\">\n<div class=\"post-mentions-and-posted-in\">\n<div class=\"post-info-block post-mentions\">\n<header><span class=\"post-info__label\">Mentioned in this article<\/span><\/header>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Featured,In Focus,Legislation,Politics#Furious #crypto #lobbyists #aim #million #war #chest #Washington #chokepoints #voters #midterms1769700961<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fairshake and its affiliate super PACs announced they have more than $193 million in cash on hand heading into the 2026 midterms. The amount includes $74 million raised since July from three contributors: $25 million from Coinbase, $25 million from Ripple, and $24 million from a16z. The network, consisting of Fairshake plus Protect Progress (Democratic-oriented)<\/p>\n","protected":false},"author":1,"featured_media":6158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1933,1934,1501,62,1931,1932,887,406,1935,516,1831],"class_list":{"0":"post-6157","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum","8":"tag-aim","9":"tag-chest","10":"tag-chokepoints","11":"tag-crypto","12":"tag-furious","13":"tag-lobbyists","14":"tag-midterms","15":"tag-million","16":"tag-voters","17":"tag-war","18":"tag-washington"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"The spend is built to pick winners in committee races where market-structure bills live or die.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=6157\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms\" \/>\n<meta property=\"og:description\" content=\"The spend is built to pick winners in committee races where market-structure bills live or die.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=6157\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-29T15:36:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/chained-crypto-capitol.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6157\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=6157\",\"name\":\"Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6157#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6157#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/chained-crypto-capitol.jpg\",\"datePublished\":\"2026-01-29T15:36:01+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"The spend is built to pick winners in committee races where market-structure bills live or die.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6157#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=6157\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6157#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/chained-crypto-capitol.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/chained-crypto-capitol.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6157#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms - Crypto News: Latest Cryptocurrency News and Analysis","description":"The spend is built to pick winners in committee races where market-structure bills live or die.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=6157","og_locale":"en_US","og_type":"article","og_title":"Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms","og_description":"The spend is built to pick winners in committee races where market-structure bills live or die.","og_url":"https:\/\/cryptonews.uk.com\/?p=6157","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-01-29T15:36:01+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/chained-crypto-capitol.jpg","type":"image\/jpeg"}],"author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=6157","url":"https:\/\/cryptonews.uk.com\/?p=6157","name":"Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=6157#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=6157#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/chained-crypto-capitol.jpg","datePublished":"2026-01-29T15:36:01+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"description":"The spend is built to pick winners in committee races where market-structure bills live or die.","breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=6157#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=6157"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=6157#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/chained-crypto-capitol.jpg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/chained-crypto-capitol.jpg","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=6157#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto &amp; Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/6157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6157"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/6157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/6158"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}