Inside the subsequent few hours, we are going to start to study whether or not President Donald Trump’s Republican Occasion has managed to retain management of the US Congress, figuring out his potential to advance his legislative agenda in the course of the ultimate two years of his time period.
Individuals headed to the polls Tuesday for the 2026 midterm elections, with all 435 seats within the US Home of Representatives and 35 Senate seats up for grabs.
Republicans at the moment management each chambers of Congress, holding 53 Senate seats to 45 Democrats and two independents who caucus with them, together with a slender benefit within the Home. Democrats want a web achieve of 4 Senate seats and three Home seats to take management of the respective chambers.
The outcomes might affect the way forward for US cryptocurrency regulation, together with the stalled CLARITY Act, and doubtlessly intensify scrutiny of Trump’s crypto ventures if Democrats achieve management of both chamber. Final week, Reuters reported that Democratic lawmakers have been making ready one other spherical of investigations into potential conflicts of curiosity involving his household’s companies.
Dwell election updates
Observe the most recent developments in congressional races attracting crypto trade spending, election outcomes and reactions from prediction markets. Updates seem in reverse chronological order.
Cointelegraph is utilizing reside election outcomes information from the Related Press.
Crypto tremendous PACs spend hundreds of thousands to affect Congress
Crypto trade teams have spent roughly $176 million throughout greater than 100 races in the course of the 2026 election cycle, based on Reuters.
Fairshake, backed by Coinbase, Ripple and Andreessen Horowitz, has led the spending by means of its affiliated tremendous PACs, Defend American Jobs and Shield Progress. In early October, the group introduced assist for 32 incumbent Home candidates, together with 19 Republicans and 13 Democrats, all of whom voted in favor of the CLARITY Act in 2025.
Different crypto-aligned teams embody the Digital Freedom Fund, backed by Tyler and Cameron Winklevoss, the dual co-founders of crypto change Gemini, and Fellowship PAC, which has supported candidates from each events.
Key crypto races to look at
The Blockchain Affiliation’s election dashboard identifies 62 precedence congressional races, together with 18 Senate and 44 Home contests, primarily based on competitiveness, candidates’ crypto positions and membership on committees overseeing digital asset laws.
Ohio Senate: Jon Husted vs Sherrod Brown
In Ohio, Republican Sen. Jon Husted faces Democrat Sherrod Brown, a longtime crypto critic, in a race that has attracted roughly $63 million in crypto trade spending. That features about $56 million from Fairshake and $7 million from the Winklevoss-backed Digital Freedom Fund, with each teams spending to assist Husted or oppose Brown.
Crypto advocacy group Stand With Crypto characterizes Brown as strongly against cryptocurrency, citing 17 statements and his 2024 vote towards overturning the SEC’s SAB 121 crypto custody accounting steering.
Brown was additionally focused by crypto trade spending in 2024, when Fairshake affiliate Defend American Jobs spent greater than $40 million supporting Republican Bernie Moreno, who defeated Brown in that yr’s Senate election.
Nebraska Senate: Pete Ricketts vs Dan Osborn
Republican Sen. Pete Ricketts faces unbiased challenger Dan Osborn in Nebraska, the place crypto political motion committee Fairshake had spent almost $11 million supporting Ricketts, based on an Oct. 27 report by the Washington Examiner.
More moderen spending information exhibits Fairshake-affiliated crypto tremendous PAC Defend American Jobs spent roughly $13.5 million opposing Osborn, based on Federal Election Fee information compiled by Bankrolled as of Nov. 3.
Ricketts, a member of the Senate Banking Committee, has supported cryptocurrency laws together with the CLARITY Act and GENIUS Act. He voted to advance the CLARITY Act out of committee in Might and supported an unsuccessful Senate procedural vote on the laws in September, based on crypto advocacy group Stand With Crypto.
Texas Senate: Ken Paxton vs James Talarico
In Texas, Republican Ken Paxton faces Democrat James Talarico, with the Winklevoss-backed Digital Freedom Fund supporting Paxton, regardless of each candidates receiving A scores from crypto advocacy group Stand With Crypto.
Paxton has known as for the passage of the CLARITY Act, arguing that clear rules are vital to take care of US competitiveness in digital belongings. In a June assertion, he stated the nation should grow to be the “crypto capital of the world” and assist innovation and development.
Talarico has equally known as for clear rules that shield shoppers whereas permitting innovation. As a Texas state consultant, he additionally voted in 2025 to ascertain a state strategic Bitcoin reserve, based on legislative data cited by Stand With Crypto.
Wyoming Senate: Harriet Hageman vs James Byrd
In Wyoming, Republican Rep. Harriet Hageman faces Democrat James Byrd for the seat being vacated by Sen. Cynthia Lummis, a number one cryptocurrency advocate who isn’t in search of reelection.
Lummis, who chairs the Senate Banking Subcommittee on Digital Property, sponsored the BITCOIN Act of 2025 to ascertain a US strategic Bitcoin reserve and has supported the CLARITY and GENIUS Acts.
Hageman has additionally backed cryptocurrency laws, voting to cross the CLARITY and GENIUS Acts in 2025 and the FIT21 market construction invoice in 2024. She additionally cosponsored laws in search of to ban the Federal Reserve from issuing a central financial institution digital forex, based on Stand With Crypto. The advocacy group lists no documented place on cryptocurrency for Byrd.
Maine Senate: Troy Jackson vs Susan Collins
Maine senator Susan Collins was certainly one of 4 Republicans to oppose advancing the CLARITY Act in September, expressing considerations over its affect on financial institution deposits. She now faces Democrat Troy Jackson to defend her seat.
In contrast to Collins, Jackson has expressed assist for clear cryptocurrency laws within the run-up to the election. In response to Stand with Crypto, which charges Jackson as “very professional crypto”, he known as to finish the debanking of “lawful crypto companies, and guarantee Individuals’ proper to self-custody digital belongings.”
This can be a creating story and additional info shall be added because it turns into obtainable.
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