- The Defend American Jobs PAC, affiliated with Fairshake, spent over $514,000 on media supporting Republican Representative James Baird ahead of Indiana’s primary election.
- Congressman Baird, rated as “strongly supports crypto” by Stand With Crypto, has voted for key crypto legislation including the CLARITY Act.
- Fairshake and its affiliates are poised to spend millions more on pro-crypto candidates in the 2026 US midterm elections, having reported holding $193 million in January.
A cryptocurrency-aligned political action committee has poured significant funds into an Indiana congressional race just ahead of the state’s primary elections. According to a Saturday filing with the US Federal Election Commission, the Defend American Jobs PAC spent approximately $514,000 on media backing Republican incumbent James Baird, who faces a primary challenge today.
The spending marks the latest move by Fairshake-affiliated groups in the 2026 election cycle. Representative Baird, in office since 2019, has a record of supporting cryptocurrency-friendly legislation. Consequently, he voted for the GENIUS Act, the stablecoin payments bill, and the stalled CLARITY Act.
Fairshake and its affiliates are expected to deploy millions more for pro-crypto candidates this year. However, their 2024 efforts already saw over $130 million spent on media support. Meanwhile, today’s primary election will determine Baird’s opponent for the general midterm contest.
All 435 House seats and 33 Senate seats are up for election in November, with crypto lobbying expected to influence voters. Consequently, Fairshake has already directed millions into key state races. The group stated it will oppose anti-crypto politicians and support pro-crypto leaders.
This political spending surge coincides with potential legislative progress. The Senate may soon schedule a markup on the CLARITY Act after a recent compromise announcement. The bill, which passed the House last July, aims to create a digital asset market structure.
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