The U.S. Republican Party is dissatisfied with Fairshake's wait-and-see attitude towards the midterm elections and demands clear support
By: rootdata|2026/05/20 04:45:03
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According to Axios, American Republicans are increasingly dissatisfied with the flow of political donations in the cryptocurrency industry, demanding that the pro-crypto super PAC Fairshake, which holds about $165 million in funds, clarify its stance and focus on supporting Republican candidates in the 2026 midterm elections.
Republicans pointed out that, against the backdrop of significant progress in promoting pro-crypto legislation such as the CLARITY Act, Fairshake has yet to announce specific election investment plans, which is disappointing. The points of contention include:
- Ohio Democratic Senate candidate Sherrod Brown: Fairshake spent over $40 million in 2024 to defeat incumbent Senator Brown, but Brown's attitude towards the cryptocurrency industry has noticeably softened in recent years.
- New Hampshire Congressman Chris Pappas: His Stand With Crypto rating rose from "F" to "A" within 8 months, and Republicans initially expected Fairshake to focus on his campaign.
In response, Fairshake supporters stated that it is still too early to speak out and emphasized that the PAC is bipartisan in nature, aiming to "reward supporters and punish critics," rather than unconditionally supporting a particular party. Some pro-crypto Republicans (such as the Winklevoss brothers) have established separate independent groups specifically to support Republican candidates.
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