Jesse Spiro will become the chairman of the Fellowship PAC, established in August 2025. This committee has raised $100 million from the crypto industry and will announce the candidates it will support in the coming days. These candidates must advocate for innovation, open markets, and clear cryptocurrency regulation. Spiro may promote candidates supporting stablecoin yield through the CLARITY Act. The Fairshake PAC, backed by Ripple Labs and Coinbase, spent over $130 million on media advertisements during the 2024 elections. It helped bring over 200 cryptocurrency supporters into Congress. Ahead of the midterm elections in November 2026, they have $193 million. The election will select all 435 members of the House of Representatives and 33 out of 100 senators. According to Polymarket, the Republicans are expected to lose the House of Representatives (86%) and possibly the Senate (52%).