A Shocking New Super PAC Is Trying to Buy Elections

The super PAC with the highest amount of money raised is likely one you’ve never heard of: “Fairshake PAC.”

According to their website, the group “supports candidates committed to securing the United States as the home to innovators building the next generation of the internet.” In simpler terms, they are an “independent” cryptocurrency and blockchain industry group. According to OpenSecrets, they’ve raised $202,939,294 to influence upcoming elections.

The PAC has spent only a handful of millions so far, almost entirely attacking progressive Democratic candidates. That includes an ad attack against Representative Katie Porter’s California Democratic primary back in February. The group has also spent $2 million to push out progressive New York Representative Jamaal Bowman and $1 million against fellow Squad member Cori Bush’s upcoming primary in Missouri.

Given the PAC’s spending (or lack thereof, relative to how much money it has), it’s no wonder that both major presidential candidates have begun to vie for the cryptocurrency industry’s favor. On July 27, Donald Trump spoke at the national Bitcoin conference.

“You’re going to be very happy with me,” he said as he addressed the conference in Nashville, Tennessee. In his speech, the Republican presidential nominee promised to make the United States the “crypto capital of the planet.”

At the same time, Kamala Harris reached out to the blockchain world, reportedly having aides meet with industry officials to “reset” relations and strengthen the Democratic Party’s ties with cryptocurrency business interests. Harris is not likely to sway big donors and PACs such as Fairshake, however.

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini and the venture capitalist firm Winklevoss Capital, already seems to have come out against her.

“Beware of the Big Bluff,” he wrote on X, speaking about Harris’s attempts to win over the industry.

The millions of dollars raised by Fairshake PAC come from Winklevoss and his twin brother Tyler, Coinbase, Ripple, and “techno-optimist” Marc Andreessen. This venture capitalist world has increasingly rallied around Trump following his pick of J.D. Vance for vice president, given Vance’s background in Silicon Valley and relationships with billionaires such as Peter Thiel.

As cryptocurrency researcher Molly White reported, Coinbase is alleged to have skirted campaign finance laws through its donations to Fairshake. If this is the case, this would be the “largest known illegal campaign contribution by a federal contractor,” according to White.

During the 2022 midterms, the crypto industry, led by Sam Bankman-Fried, had an outsize influence through massive campaign spending. At the time, Bankman-Fried spent millions collaborating with AIPAC and Trump to support billionaires and crush the electoral left in Democratic primaries.

As Bankman-Fried sits in prison, Fairshake PAC seems to be willing to take up the mantle in 2024.

J.D. Vance once compared abortion to slavery while gushing about the demise of Roe v. Wade, in new audio unearthed by Media Matters.

Less than two weeks after the U.S. Supreme Court decided to undo the 1973 decision that decriminalized abortion, Vance appeared in an episode of The Bruce Hooley Show, hosted by the eponymous right-wing radio host.

During the conversation, Hooley cited the 1954 Supreme Court decision in Brown v. Board of Education, which found that “separate but equal” segregation was unconstitutional, although it had previously been allowed by Plessy v. Ferguson in 1896.

“I don’t think they wanna be in the business of advocating that anything that’s been in law for 50 years remains in law forever,” Hooley said.

Vance agreed, and took it another step further.

“Yeah. Of course. You know, Dred Scott, one of the famous pro-slavery decisions by the Supreme Court, I don’t think anybody wants that to remain law,” Vance said, referring to the 1857 case Dred Scott v. Sandford, which found that enslaved Black people were not American citizens and therefore not protected by the Constitution.

“So, I do think that we look at these decisions very often and we say, look, these things just don’t make any sense anymore. They haven’t held up very well. They haven’t solved the problem they were meant to solve. They don’t comport with the Constitution, obviously. That’s the most important thing that very few people talk about.”

“So, yeah, this is ultimately—this is a good thing,” said Vance, referring to Roe’s fall.

Media Matters found that this wasn’t the first time that Vance made that comparison.

In 2021, Vance had told The Catholic Current, an anti-abortion radio show, that “there’s something comparable between abortion and slavery, and that while the people who obviously suffer the most are those subjected to it, I think it has this morally distorting effect on the entire society.”

Vance’s harsh view on abortion is a particularly bad look for Donald Trump’s presidential campaign, which has attempted to present a more moderate approach on abortion in an attempt to capture a wider breadth of voters. The change in tone has inspired a huge shift in the Republican Party’s platform away from a federal abortion ban (and toward embracing the dozens of cruel state-level ones).

Vance previously advocated for a nationwide abortion ban, and called for a “federal response” to block women traveling out of state to get abortions.

Former House Speaker Nancy Pelosi was warned by doctors and mental health professionals about Donald Trump’s mental health in 2019, according to her upcoming book.

The Guardian obtained an advance copy of Pelosi’s book The Art of Power: My Story as America’s First Woman Speaker of the House, which will be released next week. In the book, Pelosi recounted what she was told by several “doctors and other mental health professionals” at a memorial service for a psychiatrist.

They told her that they were “deeply concerned that there was something seriously wrong” with Trump, “and that his mental and psychological health was in decline.”

“I’m not a doctor,” Pelosi wrote, “but I did find his behaviors difficult to understand.”

The 2019 memorial was a service for Dr. David Hamburg, whom Pelosi refers to as “a distinguished psychiatrist who … served as the president of the Carnegie Corporation, where he had been a great voice for international peace.”

Pelosi elaborated further on her opinions of Trump’s mental health.

Before the Capitol riot of January 6, 2021, “I knew Donald Trump’s mental imbalance. I had seen it up close. His denial and then delays when the Covid pandemic struck, his penchant for repeatedly stomping out of meetings, his foul mouth, his pounding on tables, his temper tantrums, his disrespect for our nation’s patriots, and his total separation from reality and actual events. His repeated, ridiculous insistence that he was the greatest of all time,” Pelosi wrote.

Pelosi also described how Trump’s staff members, such as Mark Meadows, Trump’s final chief of staff, allowed Trump to listen in “surreptitiously” on private meetings with congressional leaders, causing Pelosi to ban cell phones from her meeting rooms on Capitol Hill.

She also wrote about Trump calling her on the phone, sometimes late at night, including one call where Trump told her that missile strikes he had just ordered against Syria were his predecessor Barack Obama’s fault. Pelosi told him “It’s midnight. I think you should go to sleep.”

On January 6, Pelosi said she was calm because she was “already deeply aware of how dangerous Donald Trump was.”

She wrote that she realized that she had “more respect for the office of president of the United States than Trump. “It was clear to me from the start that he was an imposter—and that on some level, he knew it.”

Pelosi’s remarks show that Trump’s ongoing cognitive decline isn’t something new and, in fact, was noticed by those around him years ago. In recent months, he’s confused members of Congress, fumbled during speeches, gone on incomprehensible rants, and made enough gaffes for critics to make brutal supercuts. Pelosi’s new revelations show just how much his mental state may have put the country in danger when he was president—and serve as a warning that another presidential term would likely be worse.

In a Truth Social post Thursday morning, Donald Trump appeared to suggest, again, that presumptive Democratic presidential nominee Kamala Harris isn’t really Black, ramping up his identity-based attacks to the horror of those in his party who consider racism a losing electoral strategy.

Earlier in the week, many GOP strategists, including in the Trump camp, worried that attacks on Harris’s race and gender—which seemed all but inevitable considering Trump’s history of racism and misogyny—would pose a serious liability for the campaign. “We hope he doesn’t act like a crazy racist and sexist person, but we can’t control him,” a source close to the campaign told The Washington Post.

These hopes were quickly dashed in the course of Trump’s interview with the National Association of Black Journalists Wednesday afternoon, in which the candidate claimed that, for years, Vice President Kamala Harris “was Indian all the way, and then suddenly she made a turn and she became a Black person.”

Politifact noted this was a “false mischaracterization of Harris’ background and how she has spoken about, and identified with, her race and ethnicity.” Harris, whose mother is Indian and father is Black, has “embraced her Black identity and multicultural background in several ways.”

By Wednesday evening, many Republicans were dismayed. One House Republican told Axios the interview “was not a demonstration on how to win over undecided voters,” and another said it “raised concerns about whether Trump can contain his impulses.”

But Trump dug in his heels again on Truth Social Thursday morning, posting a family photo in which a young Kamala Harris wore a sari, with the snide caption, “Thank you Kamala for the nice picture you sent from many years ago! Your warmth, friendship, and love of your Indian heritage are very much appreciated.”

Commenting on Trump’s obstinate commitment to mocking Harris’s biracial background, political analyst and X user ettingermentum wrote, “How does he even theoretically see this helping him,” and commentator Tim Miller sarcastically posted, “Gotta say I am extremely impressed with the strategic discipline that [Trump campaign manager Chris LaCivita] has brought to this campaign. I doubted the punditry that indicated Trump could be tamed … but the proof is in the pudding.”

A former Trump aide has accused Donald Trump of falsely identifying as Swedish, following his outlandish claim that Vice President Kamala Harris “happened to turn Black” despite being “always of Indian heritage.”

Omarosa Manigault Newman called out Trump during an appearance on CNN’s Laura Coates Live Wednesday night, saying that she distinctly remembered him identifying as Swedish, “because he didn’t want to acknowledge that his father was German and his mother was Irish, and he thought that that would play better to those who were patronizing his businesses.”

“So can we call the question, his past of self-identifying as first Swedish, then German, and then Irish whenever it’s convenient?”

“Donald doesn’t know the difference between ancestry and race. He doesn’t want to know the differences, nor does he understand the nuances of how people self-identify. And so, I believe that that’s disqualifying for him,” Newman said.

Trump’s grandfather, Frederich, came to New York City from Kallstadt, Germany, according to The Daily Beast. Trump’s father then lied about having Swedish heritage, so that he could more easily sell apartments to Jewish tenants in the aftermath of World War II, according to The Boston Globe.

That lie made its way into Trump’s 1987 bestselling book, The Art of the Deal, where he wrote that his grandfather “came here from Sweden as a child.” It was only when the Trump family received a request from a Swedish organization to put up an exhibit about the family in one of their museums, that it was time to give up the charade. When Trump wrote his next book 13 years later, it correctly identified that his grandfather had come from Germany.

While Newman identified Trump’s mother as Irish, she was Scottish by birth.