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Eleanor Terrett says AI PACs spent about $72m in US midterms

NewsFeeds update

Eleanor Terrett says AI-related political action committees spent about $72m in the US midterms, against about $170m from the crypto industry's three main PACs. She says candidates the AI PACs backed in South Carolina, Michigan and Texas were defeated.

AIPANewsAINeutral

Read the original on PANews

The story so far: Clarity Act passage prospects

Democrats won back both chambers of Congress in the 3 November midterms, and analysts expect the CLARITY Act to stall. Galaxy Research's Alex Thorn now says no substantive progress on key digital asset legislation is likely, though the SEC, CFTC and bank regulators can keep shaping rules under existing authority.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Lummis blames partisan politics for Senate defeat of CLARITY Act

  2. No Senate Democrats voted to advance CLARITY Act last week

  3. Senate Banking chair says Democrats blocked CLARITY Act for political reasons

  4. Senator Scott says Democrats blocked CLARITY Act, delaying US crypto rules

  5. SEC chair says agency will clarify onchain fundraising rules within legal authority

  6. Stand With Crypto names first Senate endorsements after CLARITY Act setback

  7. Bitwise CIO says CLARITY Act failure may speed up crypto regulation

  8. Stand With Crypto backs bipartisan candidates in US midterm elections

  9. Former House Financial Services chair says CLARITY Act may pass in lame-duck period

  10. French Hill says SEC and CFTC crypto rules fall short, urges CLARITY Act

  11. Andrew Cuomo says crypto industry has alienated Democrats needed for CLARITY Act

  12. French Hill says he wants CLARITY Act passed in lame-duck session

  13. Lummis says Democrats reject CLARITY Act compliance officer clause

  14. Lummis says Democrats opposed CLARITY Act despite retail investor protections

  15. Ben McMillan says US midterms pose risk to AI trade

  16. Fairshake network says it has spent over $52.6m on Ohio Senate race

  17. Fairshake holds more than $95m for US midterms, Politico reports

  18. Nasdaq falls 2% as US tech giants slide

  19. JPMorgan says regulators are easing the CLARITY Act setback but uncertainty persists

  20. JPMorgan's Panigirtzoglou says regulatory steps offset CLARITY Act delay

  21. US stocks split as AI shares fall while most constituents gain

  22. Coinbase ranks 11th among top US midterm election donors

  23. Lummis says Democrats opposed CLARITY Act rule after limits agreed

  24. Coinbase and Ripple among crypto donors backing US midterms

  25. Bessent says Treasury will use SEC and CFTC action on crypto rules

  26. Crypto industry spends about $176m backing US midterm allies

  27. Bessent says Treasury will close SEC-CFTC crypto regulatory gaps

  28. US midterms may push Congress towards tougher crypto oversight, leaving CLARITY Act stalled

  29. The Block says US crypto oversight may tighten after midterms

  30. Lummis says CLARITY Act would have given better tools on Binance theft

  31. US crypto industry spends over $200m on 2026 midterms to push CLARITY Act

  32. Crypto industry spends about $63m to oppose Sherrod Brown's Senate return

  33. Crypto PACs spend nearly $170m ahead of US midterms, favouring Republicans

  34. Lummis says $6.3bn in crypto stolen this week, backs CLARITY intelligence pilot

  35. Seth Meyer says midterms usually hurt the ruling party as US stock futures rise

  36. Trump backs pro-crypto Harriet Hageman in Wyoming Senate race

  37. Democratic 'blue wave' in US midterms stirs fears for AI boom

  38. Survey puts Bitcoin year-end median at $76,450 if Democrats sweep Congress

  39. Santiment says US midterm election fears are weighing on crypto sentiment

  40. US midterm results due as crypto policy hangs in balance

  41. Crypto-backed House candidates ahead in early US midterm counts

  42. Franklin Templeton's Canobi says funds shifting slightly from stocks to bonds after midterms

  43. UBS says blue-wave expectations may raise AI and data centre investment hurdles

  44. Sherrod Brown wins Ohio Senate race despite crypto super PAC spending

  45. Democrats win both chambers as global markets recover; Bitcoin tops $78,000

  46. HTX's Andy says divided Congress is no reason for excessive crypto pessimism

  47. Fred Krueger says US midterm results are best-case scenario for Bitcoin

  48. Eleanor Terrett says crypto-backed spending failed to stop Sherrod Brown's Senate return

  49. Eleanor Terrett says AI PACs spent about $72m in US midterms

  50. HashKey's Tim Sun says Democratic midterm win could slow crypto legislation

  51. CICC says Democratic sweep in US midterms cuts policy uncertainty

  52. Trump-linked trades fall after midterm election losses

  53. Crypto and AI super PACs lose 9 of 12 decided competitive races

  54. House Democrats discuss wider crypto market structure bill, limits on Trump crypto ties

  55. House Democrats seek CLARITY Act overhaul to widen SEC crypto powers

  56. Trump-linked tokens slide as TRUMP falls over 17% in 24 hours after Democratic midterm wins

  57. Crypto industry weighs 2028 spending after midterm losses

  58. Ondo Finance and Prometheum executives say tokenisation can proceed under existing law

  59. Grayscale and BlackRock say crypto growth will continue despite Democratic Congress control

  60. CLARITY Act would lapse on 3 January 2027 without 60 Senate votes

  61. Grayscale's Zach Pandl says crypto growth does not depend on Washington

  62. CoinShares' James Butterfill says Bitcoin has room to rebound as election uncertainty clears

  63. Hunter Biden says CLARITY Act failed over Trump ethics provision

  64. Scaramucci says Trump's memecoin business stalled the CLARITY Act

  65. CLARITY Act may stall until 2028 as Democrats sweep US Congress

  66. Nasdaq drops 3.3% as tech selloff deepens on AI regulation fears

  67. US midterms hand Democrats Congress control, clouding AI policy outlook

  68. Nasdaq 100 losses widen to 5% as S&P 500 falls 2.8%

  69. Nasdaq falls nearly 4% as AI stocks sold off across the board

  70. US stock market value briefly drops $3tn intraday

  71. Santiment says post-midterm AI regulation fears are weighing on crypto

  72. Nasdaq falls 5.52% as Magnificent Seven lose about $1.04tn in value

  73. Hedge fund liquidations may be driving market sell-off, analysts say

  74. Kobeissi Letter says persistent selling stood out in overnight rout

  75. The Macro Paper says each $1 of Big Tech AI spending has coincided with $6.33 of market value lost

  76. Ripple CEO Brad Garlinghouse says US needs clear digital-asset rules after midterms

  77. David Allen says AI sell-off stems from conflating tech promise with returns

  78. QCP Capital says Democrats win both chambers but fall short of veto-proof majority

  79. Crypto firms face two-month countdown as Democrats take Congress

  80. Alex Thorn says key crypto legislation unlikely to advance after Democratic wins

  81. Bloomberg says crypto's Washington clout fades as Democrats take Congress

  82. Galaxy's Alex Thorn says key digital asset legislation may stall after midterms

More AI updates

  1. Chamath Palihapitiya says SpaceX-Anthropic compute contract holds 90-day mutual exit clause

    AIChainCatcherAINeutral

  2. Stop Dirty Data Centres says protests across Europe target AI data centre expansion

    AIChainCatcherAINeutral

  3. Cathie Wood says midterm elections will not halt the AI revolution

    AIPANewsAINeutral

Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.