Fairshake PAC boosts Ohio Senate race spending to $46.6 million, surpasses previous total

Affiliates of Fairshake, a political action committee funded primarily by Coinbase and Ripple Labs, have significantly raised their election spending in what industry sources describe as a pivotal contest for congressional balance in 2026. Recent Federal Election Commission filings show that Defend American Jobs, a Fairshake-affiliated group supporting Republican candidates, has spent $46.6 million on media campaigns opposing former lawmaker Sherrod Brown and backing Republican Senator Jon Husted in Ohio’s 2026 Senate race. This figure surpasses the previous commitment of $30 million initially disclosed by Fairshake in September targeting Brown’s return to the Senate. Brown, who previously chaired the Senate Banking Committee, addressed the surge in crypto-backed attack advertisements during a Friday appearance on Pod Save America.

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