Fairshake affiliates Defend American Jobs and Protect Progress spent a combined $2.7 million supporting Democratic and Republican U.S. House candidates ahead of the November 2026 midterm elections, while the crypto industry's push for federal market-structure legislation remains stalled. Fairshake raised $137.9 million from January 2025 through Aug. 31, 2026, including $99.1 million from individuals, and reported $108.3 million in cash after transferring $70 million to affiliated committees and making $13.3 million in independent expenditures. The House passed the CLARITY Act in July 2025, but all Senate Democrats and several Republicans voted in September 2026 against advancing it amid disputes over President Donald Trump's crypto ventures and restrictions on officeholders' financial dealings. Regulatory uncertainty remains investors' leading concern, according to a CoinShares survey, even as institutional crypto allocations reached 1.2% of surveyed portfolios and global activity remained resilient.