Overview
- Protect Progress says it will spend $1.5 million next month to oppose Rep. Al Green in Texas, citing his votes against FIT21, the Digital Asset Market Clarity Act, and the GENIUS stablecoin bill, as well as support for SAB 121.
- Fairshake has booked primary-season ads in Illinois’ 7th District naming state Rep. La Shawn Ford, with Politico reporting the group is also targeting state Sen. Robert Peters over their support for Illinois’ SB 1797.
- Defend American Jobs, aligned with Fairshake, announced a $5 million effort to support Republican Barry Moore’s Alabama Senate bid.
- Fairshake enters the cycle with roughly $190–193 million in cash on hand, backed by major donors including Ripple, Coinbase, and Andreessen Horowitz, according to federal filings.
- The Senate market-structure bill remains stalled as Coinbase opposes the latest draft and Ripple and Andreessen Horowitz back it, while reports say Majority Leader Chuck Schumer urged Democrats to get it over the finish line.