Overview
- Representative James Baird won the Republican primary for Indiana’s 4th District with about 60% of the vote, according to Decision Desk HQ.
- Defend American Jobs, a crypto-aligned PAC, reported about $514,000 in pro-Baird media spending in a Federal Election Commission filing.
- The PAC is linked to Fairshake’s political network, which supports candidates seen as friendly to digital-asset policy.
- Baird backed the GENIUS Act and the House-passed CLARITY Act on crypto rules, and Stand With Crypto, a Coinbase-backed group, rates him as strongly pro-crypto.
- Fairshake and allied groups spent more than $130 million in 2024 and reported holding $193 million in January, as the Senate continues to hash out stablecoin yield and other market rules that banking groups have challenged.