New Pro-Crypto Candidates Elected to Congress Following Recent Elections
While the major crypto super PACs — Fairshake, Protect Progress, and Defend American Jobs — did not donate to presidential candidates, they supported various congressional initiatives.
As election results emerge, several new representatives entering Washington credit the crypto industry for their success.
Jim Justice
West Virginia Governor Jim Justice defeated Democratic challenger Glenn Elliot, securing approximately 68% of the vote for a US Senate seat. Defend American Jobs invested over $3 million in support of Justice, who advocates for a crypto market structure that fosters innovation while safeguarding investors.
Julie Johnson
Texas state representative Julie Johnson won against Republican Darrell Day for Texas’s 32nd district seat. Protect Progress contributed nearly $1 million to Johnson's campaign. She supports establishing clear regulations for the crypto industry to enhance technology for everyday Americans.
Bernie Moreno
Republican Bernie Moreno narrowly won against incumbent Senator Sherrod Brown with 50.2% of the vote. Brown is viewed as an opponent by the crypto sector; he voted against a resolution aimed at overturning the SEC’s SAB 121 accounting guidance. Defend American Jobs allocated over $34 million to Moreno's campaign.
Adam Schiff
Democrat Adam Schiff will transition to the Senate after defeating Republican Steve Garvey 57% to 42%. The crypto industry backed Schiff during the Democratic primary, with Fairshake spending over $10 million against Rep. Katie Porter. Schiff holds an A rating from Stand With Crypto but did not support the resolution against the SEC’s SAB 121 guidance, although he voted for the Financial Innovation and Technology for the 21st Century Act.
John Curtis
John Curtis, moving from the House to the Senate, defeated Democratic challenger Caroline Gleich 62% to 32% for Mitt Romney’s vacant Utah seat. Defend American Jobs contributed $1.9 million to Curtis's campaign, accounting for nearly 35% of his total funding. Curtis co-sponsored the FIT21 and Anti-CBDC Surveillance Act bills.