Fairshake PAC Supports Republicans with Eleventh-Hour Funding in Florida Elections

The prominent campaign effort is investing $1.5 million in Florida's special elections, potentially impacting the House GOP majority.

Key Points:

• The crypto-focused super PAC, Fairshake, is injecting fresh funds into Florida's special election for two U.S. House seats.
• These races are crucial for Republicans as they seek to preserve their slim House majority.
• One of the contested seats is linked to Matt Gaetz, the congressman initially nominated by President Donald Trump for attorney general before withdrawing amid criminal allegations.

Fairshake, a crypto industry PAC, is pouring last-minute funds into Florida’s special congressional elections to support Republican candidates.

Two House seats became vacant after their former occupants were appointed to positions in President Trump’s administration, including Matt Gaetz, who was considered for attorney general but faced allegations related to misconduct.

With Republicans fighting to maintain their narrow House majority, Democrats are heavily investing in these races.

A Fairshake super PAC affiliate, which operates independently of campaign coordination, had already intervened in the primary to back crypto-friendly candidates. Now, it's allocating an additional $1.2 million to support state Senator Randy Fine in his bid for the seat left vacant by Trump's national security advisor, Michael Waltz, according to PAC spokesman Josh Vlasto. Additionally, it's spending approximately $345,000 to boost the state's chief financial officer, Jimmy Patronis, as he competes for Matt Gaetz’s former seat.

Both Republican candidates in the April 1 special election align with Fairshake's key priority: support for digital assets. Early voting begins this weekend, with Democrats also investing heavily in the races. However, recent election trends suggest the districts strongly favor Republicans.

Currently, the House is down by four members following the recent deaths of two Democratic representatives from Texas and Arizona. If Democrats were to win all four open seats, the GOP would be left with just a one-seat majority.