Key Insights:
- Fairshake invests $1.5 million in the fight against Al Green in the Democratic primary in Texas.
- Green cast his votes against the crypto legislation in the GENIUS Act and the CLARITY Act.
- Fairshake has raised 193M before the 2026 mid-term elections.
The crypto PAC Fairshake has begun deploying its campaign resources for the 2026 midterm elections, having already named Democratic Representative Al Green of Texas as its first major target.
Fairshake Deploys Funds in Texas Primary
An affiliate of the political action committee confirmed that it will spend $1.5 million on advertisements opposing Green in his upcoming primary race.
Fairshake, which disclosed in January that it had amassed $193 million for the midterms, is positioning itself as a significant outside spender once again after its heavy involvement in the 2024 elections.
Protect Progress, which operates as an affiliate of Fairshake, cited Green’s role on the House Financial Services Committee and his opposition to crypto-related legislation as reasons for its campaign.
Green voted against the stablecoin-focused GENIUS Act and the broader CLARITY Act, both of which the House passed last year. In public statements, Protect Progress said the Texas lawmaker had taken positions that it characterized as resistant to digital asset policy.
The group stated that it intends to support candidates it views as open to innovation and economic growth tied to blockchain and digital asset development.
Green has represented Texas’s 9th Congressional District since 2005. In previous election cycles, his campaigns required comparatively modest funding. In 2024, his campaign spent less than $450,000 to secure reelection, and he faced no primary challenge. In 2022, his campaign expenditures were even lower.
However, current filings show that Green has raised more than $700,000 in the present cycle. That total remains less than half of the $1.5 million that Protect Progress has pledged to spend opposing him.
Crypto Policy Divides Democratic Primary
The contest between Green and Menefee has drawn attention due to differing positions on cryptocurrency policy. Stand With Crypto, an organization that grades lawmakers and candidates based on digital asset-related questionnaires, assigned Green an “F” rating.
The group cited his legislative record, including votes against crypto-focused bills and his co-sponsorship of legislation seeking to bar former President Donald Trump from involvement in personal crypto business ventures.
Menefee has also stated, through his campaign statements and responses to his questionnaire, that he is a proponent of blockchain applications to address challenges faced by the public sector.
According to Menefee, such applications of technology would help families avoid scams and enhance administrative efficiency.
Texas voters will cast ballots in the Democratic primary next month, making the race one of the earliest tests of Fairshake’s midterm strategy.
Fairshake Expands Midterm Spending Nationwide
Fairshake disclosed earlier this year that it had amassed $193 million ahead of the 2026 midterm elections. That spending coincided with the election of several lawmakers described as supportive of digital asset legislation.
Under federal election law, super PACs such as Fairshake may raise unlimited funds but cannot coordinate directly with candidates or their campaigns. Instead, they fund independent expenditures, including advertisements and general political messaging intended to influence voter perceptions.
Beyond Texas, Fairshake and its affiliates have announced additional spending commitments. This week, Fairshake stated it would allocate $5 million to support Republican Representative Barry Moore in Alabama’s Senate primary.
Another affiliate, Defend American Jobs, also disclosed a $5 million expenditure backing Moore’s bid. In addition, Fairshake has signalled support for House Financial Services Committee Chairman French Hill.
A spokesperson confirmed that the organization intends to support his campaign, though no specific financial details were provided. The super PAC’s advertising typically focuses on broad political themes rather than explicit references to cryptocurrency policy.
