Politico
A $160 million super PAC spending spree is set to give the industry an army of allies in the House and Senate, and across party lines.
As many as 13 new pro-crypto candidates could ascend to seats in the House next year with backing from the industry’s network of super PACs, which have spent big to promote allies and block critics in races across the country. The potential House members range from progressive Democrats who tout digital assets as a tool for financial inclusion to Republicans who bash the Biden administration’s crypto policy and say the technology can create “economic freedom.”
The Senate is expected to gain several pro-crypto members, including Reps. Adam Schiff (D-Calif.) and John Curtis (R-Utah), who are all but guaranteed to win races in their respective states. Republicans in nearly every key battleground Senate contest are crypto proponents, meaning that any seats the GOP flips will deliver a new ally.