Crypto PAC Sets Sights on Rep. Al Green With $1.5 Million Campaign

In a significant political move, Protect Progress, a pro-cryptocurrency political action committee (PAC), has announced a $1.5 million campaign to oppose Rep. Al Green in the upcoming Texas Democratic primary. Green, a senior member of the House Financial Services Committee, has a record of voting against several high-profile cryptocurrency bills and has supported measures such as SAB 121, which imposes restrictions on bank custody of digital assets. The PAC affiliated with Fairshake criticizes Green for stalling American innovation with his anti-crypto stance. Protect Progress aims to leverage its campaign funds, sourced from major cryptocurrency firms and donors, to finance advertisements and voter outreach programs. Fairshake and associated entities, boasting a war chest of close to $193 million, underscore the growing financial muscle of the cryptocurrency lobby. The involvement of major donors such as Ripple, Coinbase, and Andreessen Horowitz hints at a strategic push by the crypto sector to influence the trajectory of U.S. regulations by shaping the 2026 political landscape. Rep. Green, known for his skepticism of digital currencies, faces a new political challenge in an electorate reshaped by recent redistricting.