Fairshake: Crypto PAC Spends $10.5M to Unseat Rep. Al Green
Fairshake crypto PAC election spending history shows $10.5M outlay unseated Rep. Al Green in TX-18, first Democratic incumbent loss tied to GENIUS Act Clarity Act cryptocurrency legislation votes.
SourceAnalysis
Fairshake and affiliates spent $10.5 million on the Democratic primary runoff for Texas's 18th district, allocating $6.5 million to back freshman Rep. Christian Menefee and $4 million to oppose 20-year incumbent Rep. Al Green. Green earned an F rating from Stand With Crypto after voting against the GENIUS Act and Clarity Act cryptocurrency legislation. Fairshake's statement called the outcome proof that anti-crypto positions carry electoral costs, marking the first Democratic incumbent defeat this cycle.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.