News listAmericans distrust crypto, AI as industry super PACs flood midterms, poll finds
CoinTelegraph2026-05-03 12:00:00

Americans distrust crypto, AI as industry super PACs flood midterms, poll finds

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Source: Politico Both industries are also spending heavily on lobbyists. OpenAI and Anthropic posted record lobbying expenditures in the first quarter of 2026. The crypto industry, meanwhile, is pushing the CLARITY Act through the Senate, a market structure bill it hopes will bring regulatory certainty to digital assets. In 2024, a Fairshake-affiliated PAC spent over $40 million helping defeat Ohio Senator Sherrod Brown, a longtime crypto critic who is now running again. Related: Crypto PAC Fellowship Halts Support of Texas AG for Senate: Report For now, most voters don't know these groups exist. Just 9% have heard of Leading the Future and only 3% recognize Fairshake. However, political observers told Politico that once voters connect the money to the industries behind it, the backlash could be swift. “I do think if they see somebody is backed by crypto, that’s always going to be a problem,” former Ohio Rep. Jim Renacci reportedly said. Magazine: Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt
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Published:2026-05-03 12:00:00
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