California · Federal Reserve (FED) · Coinbase · Cointelegraph
Crypto PAC pours $362K into California race voters essentially decided in August
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A Fairshake affiliate is supporting incumbent Aisha Wahab through ads in November, but the congresswoman already won a special election in the district.
Key facts
- According to a Sunday filing with the US Federal Election Commission (FEC), Protect Progress reported spending $362,000 on media supporting incumbent Democrat Aisha Wahab in the Bay Area district
- Wahab defeated Hernandez in an Aug. 18 special election with more than 53% of the vote, raising questions about why the cryptocurrency industry-aligned PAC is supporting her in the 2026 midterms
- Defend American Jobs, a Fairshake affiliate largely supporting Republican candidates, reported spending more than $6.7 million to oppose Independent candidate Dan Osborn in Nebraska’s Senate race
- Protect Progress, an affiliate of the cryptocurrency-aligned Fairshake super political action committee (PAC), reported spending $362,000 on ads to support a Democrat in California’s 14th
Summary
Protect Progress, an affiliate of the cryptocurrency-aligned Fairshake super political action committee (PAC), reported spending $362,000 on ads to support a Democrat in California’s 14th congressional district, weeks after she won a special election against the same opponent. According to a Sunday filing with the US Federal Election Commission (FEC), Protect Progress reported spending $362,000 on media supporting incumbent Democrat Aisha Wahab in the Bay Area district against her fellow party member, Melissa Hernandez. Wahab defeated Hernandez in an Aug. 18 special election with more than 53% of the vote, raising questions about why the cryptocurrency industry-aligned PAC is supporting her in the 2026 midterms.