In a twist that even the most seasoned political analysts couldn’t predict, a pro-crypto PAC named Protect Progress has decided to throw a whopping $1.5 million into the Texas Democratic primary. Why, you ask? To oust Rep. Al Green, a stalwart of anti-crypto sentiment. It seems our friend Al has been busy voting against key crypto legislation, and now he’s become the poster child for why the blockchain aficionados are feeling just a tad miffed.
- The illustrious Protect Progress, which is snugly aligned with Fairshake (because who doesn’t want to be associated with something that sounds like a motivational poster?), is ready to unleash their war chest on the unsuspecting voters of Texas.
- According to the PAC, good ol’ Al has been nothing short of a digital asset Grinch, opposing everything from the Financial Innovation and Technology for the 21st Century Act (a title that sounds like it was crafted by a committee of overly ambitious techies) to the GENIUS stablecoin bill. And let’s not forget his fondness for SAB 121, which puts limits on how banks can handle digital assets, because, apparently, everyone loves a good limit!
- Fairshake and its buddies have reportedly amassed a staggering $193 million in cash, courtesy of some heavy hitters in the crypto world like Ripple and Coinbase. It’s as if they’re saying, “Let’s make politics exciting again!”
So what prompted this financial frenzy? Protect Progress is channeling its inner political strategist to ensure that Rep. Green, who has been in Congress since the days when flip phones were cutting-edge, no longer has a seat at the table. Green has expressed concern over the potential risks of cryptocurrency and its impact on the U.S. dollar-a stance that seems to have put him squarely on the wrong side of the digital divide.
During a House hearing last year, he famously dismissed narratives about regulators pressuring banks to sever ties with crypto firms, calling it “Operation Choke Point 2.0,” and labeling it a “made-up statement.” Oh, Al, we admire your commitment to skepticism, but perhaps a little flexibility wouldn’t hurt?
As the plot thickens, Green finds himself in a newly reshaped Houston-area district, with Democratic challenger Christian Menefee nipping at his heels and sporting a more favorable view of the crypto community. Could this be the end of Al’s reign? Only time will tell, but one thing’s for sure: with nearly $200 million in crypto lobbying cash swirling around, the 2026 election cycle is going to be more electrifying than a Bitcoin boom!
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2026-02-19 13:30