Crypto PAC Fairshake seeks to force resistant Texas Democrat Al Green from U.S. House
Crypto PAC Fairshake is spending $1.5 million to defeat Texas Democrat Al Green in his primary due to his anti-crypto stance.Summary
The crypto industry's super PAC, Fairshake, has initiated a well-funded campaign to elect pro-digital assets lawmakers, targeting Texas Representative Al Green first. Fairshake's affiliate, Protect Progress, announced it will spend $1.5 million in ads opposing Green's primary campaign because he is critical of cryptocurrencies, has voted against crypto legislation, and earned an "F" grade from Stand With Crypto. Green faces a primary challenge from Christian Menefee, who supports blockchain technology and holds an "A" grade from Stand With Crypto. Fairshake, which has a $193 million war chest, stated it is committed to electing representatives who embrace innovation. The PAC is also spending $5 million to support pro-crypto Republican Barry Moore in an Alabama Senate primary and is backing House Financial Services Committee Chairman French Hill.
(Source：CoinDesk)