Fairshake PAC backs 32 House incumbents who voted for the CLARITY Act

The crypto industry’s biggest political spender has picked its team for the midterms. Fairshake announced on October 5, 2026, that it will financially support 32 incumbent members of the US House of Representatives.

The selection criteria were simple. Every candidate on the list voted for the CLARITY Act, the digital asset market structure bill that cleared the House in 2025 and has been stuck in the Senate ever since.

Who made the list, and how much is on the table

The 32 endorsed lawmakers split along party lines more evenly than you might expect from a single-issue industry group. Nineteen are Republicans and 13 are Democrats.

The money is not spread evenly. Fairshake is committing at least $1 million each to six of the candidates, which adds up to a minimum of $6 million in spending on that group alone.

Fairshake had approximately $120 million in cash on hand before its September spending announcements.

Several of the recipients hold influential seats on the House Financial Services Committee. That includes French Hill, who chairs the committee.

A bill that sailed through one chamber and stalled in the other

The CLARITY Act is a market structure bill designed to clarify the frameworks governing digital assets and delineate jurisdictional oversight between the SEC and CFTC.

In July 2025, the House passed the bill by a vote of 294-134.

On September 15, 2026, the bill failed a key cloture vote by a count of 49 to 50. Cloture requires 60 votes, which means the CLARITY Act came up 11 votes short of the threshold, not just one.

What Fairshake’s strategy means for crypto policy

The most notable feature of this announcement is that every endorsed candidate is an incumbent. Fairshake is not hunting for new allies in this batch. It is protecting the ones who already delivered a vote.

These are House races, and the House already passed the CLARITY Act by a wide margin. The bottleneck is in the Senate, where the bill fell short of cloture. Shoring up House support preserves the coalition that already exists, but it does not on its own move the votes needed in the upper chamber.

With 13 Democrats on the list, Fairshake is rewarding members from both parties. Committing a minimum of $6 million to six candidates leaves considerable firepower from the roughly $120 million reserve for additional races, potential Senate contests, or late-cycle spending as the midterms approach.

Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.