Fairshake, a crypto political action committee, said it will give financial support to 32 candidates running for the US House in the midterm elections. Cointelegraph reported the announcement on Oct 5, 2026.
Fairshake picked all 32 for the same reason. Each of them voted for the CLARITY bill, a crypto market structure bill, in 2025. The report does not give the candidates' names, their parties or how much money is involved.
The bill has not passed the Senate and is stalled there. The report does not say when the Senate might take it up, or whether it will.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. A PAC saying which candidates it will fund does not change funding rates, trading fees or order book liquidity on those exchanges, and the bill it is tied to is not law. Any effect would depend on what the Senate does with the bill, and that is not yet known.
Source: cointelegraph — Crypto PAC announces support for 32 House candidates in US midterms