Fairshake-backed candidates advance in four races as $2 million Gilbert effort fails

Four of five candidates supported by Fairshake-affiliated political action committees won their primaries or otherwise advanced Tuesday across Alaska, Florida and Wyoming after the groups spent about $3.6 million on House and Senate races. Oliver Gilbert won Florida’s 24th Congressional District Democratic primary with 34.4% of the vote despite more than $2 million in negative advertising from Protect Progress, while Lois Frankel won reelection in Florida’s 23rd district after more than $150,000 in supportive advertising. Defend American Jobs spent a combined $1.5 million supporting Republican Nick Begich in Alaska’s at-large congressional district, Republican Sydney Gruters in Florida’s 16th district and Representative Harriet Hageman in the Wyoming Senate race; Gruters and Hageman won, and Begich was expected to advance. Fairshake reported a $193 million war chest in January and more than $82 million in spending on races ahead of the 2026 midterms, after spending over $130 million during the 2024 election cycle. The results could affect congressional control and the prospects for digital-asset legislation, including the Digital Asset Market Clarity Act, which passed the House 294-134 in July.

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