House Republicans helped make financial history last week when they sent the first piece of crypto legislation to the president’s desk. Two GOP-led crypto bills saw huge bipartisan support, to boot.
But lurking over all of this — stablecoin regulations, market structure overhauls and even crypto tax reforms — is big, big money. One crypto super PAC spent well over $100 million in the 2024 election, has $140 million lined up for 2026 and has openly targeted battleground Democrats with messaging and polling.
So we asked House Financial Services Committee Chair French Hill (R-Ark.): Has mammoth crypto money tarnished this legislative win? Should Americans believe Washington is for sale to the highest political bidder?
