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Press Release: Crypto, Big Tech, and Wall Street are Spending Gushers of Campaign Cash on the Midterm Elections
A new analysis from Americans for Financial Reform, “Big Tech, Crypto, and Wall Street Money is Flooding the Midterm Elections,” revealed that between January 1, 2025 and July 28, 2026, eight cryptocurrency and Artificial Intelligence (AI) PACs spent over $100…
The Latest from AFR
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Big Tech, Crypto, and Wall Street Money is Flooding the Midterm Elections
Both the finance and tech sectors have spent heavily on Congressional primary and runoff races across the country in this election year. Two intertwined political action committees (PACs) — Fairshake, which focuses on cryptocurrency, and Leading the Future, which focuses on artificial intelligence (AI) — and their affiliates have been especially active. Both PAC networks…
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AFR in the News
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Bloomberg Government: Some Democrats Fear Crypto Talks Undercut Messaging on Trump
Mark Hays, associate director for crypto and financial technology at the Americans for Financial Reform advocacy group, said the real test for Democrats and their messaging will be where they eventually land on the bill.
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Shelter Force: Everyone’s Talking About Private Equity in Housing: Here’s What You Need to Know
Southern Towers is a 2,346-unit complex in Alexandria, Virginia. Most of its tenants are Black and foreign-born, primarily from sub-Saharan Africa. Los Angeles–based private equity firm CIM Group acquired Southern Towers in September 2020 for $506 million, one of the largest multifamily deals nationally of the year.
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Big Banks & Wall Street, Big Banks, Wall Street, Capital Markets and Financial Stability, FinTech/Crypto
Boston Globe: The AI bubble could burst — and take the economy with it
Maya Jenkins is a senior policy analyst with Americans for Financial Reform Education Fund. They are authors of a forthcoming report on the potential economic and policy consequences of the AI bubble bursting.
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2026 Polling: Voters deeply concerned about private equity’s impacts and influence
The newest poll from the bipartisan polling team Lake Research Partners and Chesapeake Beach Consultingi shows that voters across the political spectrum are concerned about private equity companies gaining control over large parts of the economy and want strong guardrails in place to protect people.
