Overview
- State Sen. Scott Wiener and Supervisor Connie Chan finished first and second in the June 2 all‑party primary and will face each other in November to replace Rep. Nancy Pelosi.
- Saikat Chakrabarti, a former Stripe engineer and ex‑AOC aide, placed third and was eliminated after spending nearly $10 million of his own money on the campaign.
- Federal Election Commission filings and reporting show the Abundant Future super PAC spent roughly $65,200 opposing Chakrabarti while Chris Larsen gave $100,000 to the PAC and $7,000 directly to Wiener.
- Attack ads from outside groups focused on Chakrabarti’s residency and financial ties, and Pelosi’s mid‑May endorsement of Chan narrowed the path for the insurgent campaign.
- The result highlights a growing pattern of crypto‑industry political influence, building on past large donations by Larsen and Ripple and raising questions about how outside money will shape the November contest.