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The stablecoin policy bill, passed by the Senate last month, will be closed off to amendments, putting it on a glide path to becoming law.

Crypto’s sniffing around Democratic swing districts

First in the Vault: A dark money group linked to the crypto-industry backed Fairshake super PAC network will release polling this week arguing voters want Congress to enact laws sought by digital asset advocates.

The polling, commissioned by the Cedar Innovation Foundation, focuses on 20 swing House districts held by Democrats.

The warning for House Minority Leader Hakeem Jeffries and the DCCC isn’t exactly subtle. Crypto’s campaign cash could play a significant role in the 2026 midterm elections.

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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.