Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
The Senate voted to approve its version of the FY2026 defense authorization bill in a flurry of late-night action Thursday.
Vault
January 28, 2026

Vault: Looks like Fairshake is going to war

News: The crypto super PAC network Fairshake announced it has a staggering $193 million on hand heading into the 2026 midterm elections.

Fairshake has raised approximately $74 million since July with just three contributions: $25 million from Coinbase, $25 million from Ripple and $24 million from a16z. The Fairshake network spent nearly $140 million supporting crypto-friendly lawmakers and candidates in the 2024 cycle.

To wit: The crypto PAC network has raised more money since July than the Congressional Leadership Fund did in all of 2025. The top House GOP super PAC raised $72 million last year.

Subscripion logo

You're seeing a preview of our Premium+ Vault financial services and tax policy coverage. Read the full story by subscribing here.

Already a subscriber? Log In
Vault Finance + Economy Vault

Presented by AstraZeneca

The 340B program was created to help patients. Instead, it’s helping hospitals earn massive profits. The 340B Rebate Model Pilot uses rapid verification of existing data to prevent duplicate discounts, strengthening program transparency and efficiency. Urge HHS to implement the Rebate Model Pilot and ensure 340B functions as intended. Get the facts.

Related
Vault: Durbin backs off swipe fee push in Ag markup
Durbin said he would not demand an amendment vote on credit card swipe fee legislation during a high-profile crypto markup scheduled for later this week.
Vault Finance + Economy
Vault: Marshall drops Ag markup swipe fee push
Vault Finance + Economy
Vault: Senate Ag sets stage for crypto vote
Vault Finance + Economy
Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by AstraZeneca

The 340B program is supposed to help vulnerable patients—but without strong safeguards, it’s siphoning away funds that could be used for free and charitable medicine. The 340B Rebate Model Pilot improves program integrity, preventing duplicate discounts and strengthening accountability. Urge HHS to implement the pilot today. Learn why it matters.

Welcome to Punchbowl News AM! We're glad to have you here.

Want to get more of what you need? Share a bit more about yourself to help us tailor your reader experience.

Thank you for signing up!

Thank you for signing up!

 

We have sent you a confirmation email. Please follow the provided instructions to complete your sign-up.

Thank you for confirming! You are now subscribed to the Punchbowl News AM list.

You're subscribed! Welcome to the community.

ML Mobile newsletter asset

Unlock access for more

Sign up to receive our free morning edition every weekday, and you'll never miss a scoop.

Already subscribed? Sign in.