Crypto PAC Fairshake seeks to force resistant Texas Democrat Al Green from U.S. House

Crypto PAC Fairshake seeks to force resistant Texas Democrat Al Green from U.S. House

Source: CoinDesk

Published:19:43 UTC

BTC Price:$65976

#CryptoPolicy #USPolitics #Regulation

Analysis

Price Impact

High

Fairshake's substantial $1.5 million campaign against an anti-crypto congressman, part of a broader $193 million effort, demonstrates a strong, well-funded push to elect pro-crypto lawmakers. this aggressive political strategy aims to reshape the regulatory landscape in favor of digital assets, impacting the entire crypto market's future policy environment.

Trustworthiness

High

The information is sourced from coindesk, a reputable crypto news publication, detailing specific political spending by a major crypto pac (fairshake) with verifiable figures and stated objectives. the actions described are concrete and measurable.

Price Direction

Bullish

A legislative body more supportive of blockchain technology and digital assets is expected to reduce regulatory uncertainty, encourage innovation, and potentially lead to clearer, more favorable frameworks. this environment would foster long-term market growth and adoption, reducing risks associated with unclear or restrictive regulations.

Time Effect

Long

While the pac's spending and the primary elections are immediate events, the full effect of electing a pro-crypto congress and the subsequent legislative changes will take months to years to fully materialize and impact the market through policy implementation.

Original Article:

Article Content:

Policy Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto PAC Fairshake seeks to force resistant Texas Democrat Al Green from U.S. House The super PAC is devoting $1.5 million to get Representative Al Green, a Democrat critical of the crypto industry, defeated by a primary challenger. By Jesse Hamilton | Edited by Stephen Alpher Feb 12, 2026, 7:43 p.m. Make us preferred on Google Crypto PAC Fairshake is targeting Democratic Representative Al Green with a $1.5 million ad blitz. (Andrew Harnik/Getty Images) What to know : For the second time this week, the Fairshake super PAC has announced a significant campaign spending plan in its effort to build a pro-crypto Congress, this time going after Democratic Representative Al Green. One of Fairshake's affiliate PACs committed $1.5 million against the longtime Texas congressman in a primary election next month that pits him against a candidate with blockchain-friendly sentiments. The spending easily outpaces what Green's campaign has raised so far. The crypto industry's campaign-finance arm, Fairshake, has begun rolling out its campaign strategies in its well-funded effort to pack Congress with lawmakers ready to pass friendly digital assets policy, and Democratic Representative Al Green is the first lawmaker on its hit list. STORY CONTINUES BELOW Don't miss another story. Subscribe to the State of Crypto Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . An affiliate of the Fairshake political action committee, which has begun deploying its $193 million war chest on this year's congressional midterm elections, said it will spend $1.5 million on advertisements opposing Green's primary campaign. The critical Texas lawmaker has often noted potential hazards posed by cryptocurrencies to the U.S. financial system and to investors, co-sponsored a bill seeking to ban President Donald Trump from his personal crypto business interests and has voted against crypto policy legislation. That opposition earned him an "F" grade from Stand With Crypto, a group that assesses crypto support from politicians. Green, who is among the most senior Democrats on the House Financial Services Committee that has a direct hand in crypto legislation, faces rivals in the Democratic primary for the recently redrawn Texas district he represents. Texas' primaries come quickly next month , and longtime congressman Green would have to beat a younger Democrat, Christian Menefee, who just won a special election and took the redrawn district's seat days ago. "Texas voters can no longer sit by and have representation in Congress that is actively hostile towards a growing Texas crypto community," Fairshake's super PAC affiliate, Protect Progress, said in a statement. "We are committed to electing new members who embrace innovation, growth and wealth creation for all Americans." Menefee is supportive of blockchain technology , according to his campaign stance, and Stand With Crypto gives him an "A" grade. In Green's most recent election in 2024, his campaign spent less than $450,000 to retain his seat, which went unchallenged in the primary, and he needed even less in 2022. But he's so far brought in more than $700,000 in this more difficult contest. Still, that's less than half of Fairshake's spending against him. Fairshake also this week announced that it'll spend $5 million to boost a pro-crypto Alabama Republican , U.S. Representative Barry Moore, in that state's Senate primary. And the group is also backing House Financial Services Committee Chairman French Hill, according to a spokesman. The super PAC generally spends money on advertisements that are general political messages, not related to crypto issues, and because they're "independent expenditures" under election law, Fairshake isn't allowed to coordinate with campaigns. U.S. Political Elections Political Donations Fairshake More For You Accelerating Convergence Between Traditional and On-Chain Finance in 2026? By CoinDesk Jan 30, 2026 Commissioned by Societe Generale-FORGE Read full story More For You Key Senate Democrat wants U.S. crypto bill to move, and SEC chief reveals danger of defeat By Jesse Hamilton | Edited by Stephen Alpher 1 hour ago Senator Mark Warner, a leading Democratic negotiator on the market structure bill, said he wants it to pass, and SEC chief Paul Atkins said durable policy actually requires it. What to know : In a U.S. Senate Banking Committee hearing today, Securities and Exchange Commission Chairman Paul Atkins said that making crypto policies permanent really demands legislation, despite the authorities he said his agency has to write rules that will work in the interim. Though progress has moved in fits and starts on the U.S. Senate bill to govern crypto market structure, one of the top negotiators on the Democrats' side, Senator Mark Warner, said during the hearing that he still wants the effort to advance. 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