Latest Update
2026-11-04 02:08 UTC

Sherrod Brown: Crypto PACs Fail to Block Senate Win

Sherrod Brown: Crypto PACs Fail to Block Senate Win

Eleanor Terrett reports over $64M in crypto industry money failed to keep Sherrod Brown out of the Senate, as Democrats expanded their majority and several pro-crypto Republicans lost House seats in the 2026 midterms.

Source

Analysis

Sherrod Brown won his Ohio Senate race despite more than $64M spent by the crypto industry, positioning him for a potential committee leadership role with crypto oversight. Pro-crypto House members including Rep. Bryan Steil, Zach Nunn, Rep. Ann Wagner and Rep. Mike Lawler lost their seats. Sen. Kirsten Gillibrand strengthened Democratic Senate control while Sen. Tim Scott saw Republicans lose the chamber. Rep. French Hill appears headed to ranking member status with Maxine Waters taking the gavel, though Pete Ricketts and Rep. Andy Barr secured pro-crypto victories.

Eleanor Terrett

@EleanorTerrett

British-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.