Fairshake Network Spent About $154.5 Million as Backed Candidates Won 86 Races

Fairshake and two affiliated committees spent about $154.5 million on independent expenditures across 93 U.S. midterm contests, with backed candidates winning 86 races. The results give a measure of the crypto-focused network’s reach in elections across both major parties. The groups — Fairshake, Protect Progress and Defend American Jobs — went 53-4 in primaries, including 28-0 in Republican primaries. Their candidates went 33-3 in general elections, bringing the overall record to 86 wins and seven losses, or about a 92% success rate. Related independent expenditures in support of Nebraska Sen. Pete Ricketts topped $13 million. Andy Barr won Kentucky’s Senate seat. In Ohio, Defend American Jobs spent about $56.6 million backing Sen. Jon Husted, but former U.S. Sen. Sherrod Brown won.

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