
AI & Crypto PACs Flood Midterms, Despite Public Skepticism
About this episode
Super PACs from the AI and crypto worlds are pouring millions into the 2026 midterm primaries, despite public skepticism. A Politico poll shows 45% of Americans view crypto as a risky investment, and 44% feel AI is advancing too quickly. Leading the Future, a pro-AI group with $75 million, is backed by Andreessen Horowitz and OpenAI, influencing House races in North Carolina, Texas, Illinois, and New York. Fairshake, a crypto heavyweight with $190 million from Coinbase and Ripple, advocates for clearer rules after their market bill stalled in the Senate. Despite low name recognition, these PACs could sway candidates, as voters trust banks over crypto platforms and want AI oversight. However, Democrats are raising concerns, and spending is increasing, potentially impacting the intended beneficiaries.
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US News Today | 2 Min News | The Daily News Now! — AI & Crypto PACs Flood Midterms, Despite Public Skepticism. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On May 3rd, Super PACs from the AI and crypto world are dropping tens of millions into the 2026 mid-term primaries, even though fresh. Polls show most Americans are side-eying, both techs hard. A political survey hit up over 2,000 adults last month, and 45 percent said crypto investments ain't worth the gamble, while 44 percent feel AI is moving way too fast. These groups like Leading the Future, a pro AI outfit with $75 million raised, are backed by big names from Andreessen Horowitz and OpenAI, dropping cash and house races across North Carolina, Texas, Illinois, and New York. Meanwhile, fair shake, the crypto heavyweight with nearly 200 million on deck from coin base and ripple, is pushing for clearer rules after. Their market bill passed the house, but hit a sin and wall. First trust banks over crypto platforms by a mile, and two-thirds won tough AI oversight. Yet these PACs have super low-name recognition, only 9 percent heard of Leading the Future.
With Democrats calling it out and spending ramping up, this cash flood might just flip on the candidates it's meant to boost. This has been US News Today, powered by AI.
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