Crypto spent millions to defeat Sherrod Brown and elect allies. It's ready for a repeat in 2026

[SunImp]

COLUMBUS, Ohio (AP) — At a five-star resort tucked in the mountains of Jackson Hole, Wyoming, the cryptocurrency industry was celebrating a historic start to the year on Capitol Hill. Its priorities were sailing through Congress with unusual speed and one senator did not hesitate to say why.

Sen. Tim Scott, chairman of the Senate Banking, Housing and Urban Affairs Committee, was asked during the August panel what had changed to clear the way for such progress.

“I got to tell you,” said Scott, R-S.C. “Thank you, to all of y’all, for getting rid of Sherrod Brown,” he said, referring to the Ohio Democrat who lost his Senate seat in 2024 to Republican Bernie Moreno.

Laughter and applause rippled through the room. “Literally, the industry put Bernie Moreno in the Senate,” he added, according to a video from the Wyoming Blockchain Symposium.

https://apnews.com/article/crypto-campaign-spending-sherrod-brown-ohio-senate-cea29489a717c9babc234f7f6b7d46f1