Crypto super PAC launches $1.5 million effort to unseat Al Green in Texas Democratic primary
A crypto-aligned super PAC is spending $1.5 million to defeat Representative Al Green in the Texas Democratic primary due to his opposition to crypto legislation.Summary
Protect Progress, a federal super PAC affiliated with the crypto political group Fairshake, announced a $1.5 million spending effort to unseat Representative Al Green (D-Texas) in the upcoming Democratic primary. The group is funding advertising and voter outreach because Green, a member of the House Financial Services Committee, has consistently voted against major crypto market structure and stablecoin bills, including the Financial Innovation and Technology for the 21st Century Act and the GENIUS stablecoin bill. Furthermore, the PAC cited Green's support for maintaining the SEC's Staff Accounting Bulletin 121, which restricted bank custody of digital assets. Green has long expressed skepticism toward cryptocurrency. This move signals the aggressive stance crypto-backed political groups plan to take ahead of the 2026 midterms, as Fairshake and its allies hold significant cash reserves from major industry donors.
(Source：The Block)