Crypto Groups Gear Up for Midterm Showdown After CLARITY Act Stalls
The U.S. Senate's decision to let the Digital Asset Market Clarity (CLARITY) Act stall has been met with a swift response from crypto-aligned groups.
With the 2026 midterm elections just weeks away, these groups are recalibrating their strategy, betting that lawmakers' voting records will shape who receives financial support or faces opposition.
The Senate voted 49-50 against advancing CLARITY on September 15th, making it unlikely to pass before its current window of session time closes and the next Congress convenes in 2027.
Fairshake, backed by Coinbase and Ripple Labs, plans to spend $30 million opposing Sen. Sherrod Brown in Ohio's 2026 Senate race, a move that echoes their efforts during his last campaign cycle.