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More HODLpac Endorsements
Senate endorsements ahead of Donation Round #1, starting tomorrow - April 5th!
As you all know, we’re gearing up for our first Donation Round, which starts tomorrow, April 5th, and lasts until Tuesday, April 19th.
You and crypto voters like you around the country will be able to donate to any registered candidate on the ballot in 2022. By doing so, you’ll be (1) helping the crypto community in the United States show strength in numbers and (2) helping to direct HODLpac funds through our quadratic funding matching.
Read more here: https://docs.hodlpac.org/donating-to-and-through-hodlpac
Last week, we announced HODLpac’s first endorsements for the 2022 election cycle.
Today, we’re adding to this list with a focus on Senate candidates.
See below for nine more endorsements, courtesy of the HODLpac Endorsement Committee.
Sen. Ron Wyden, Democratic Party, incumbent from Oregon
Senator Wyden solidified himself as a crypto champion in the Senate during the infrastructure bill debate this summer when he joined Sens. Lummis (R-WY) and Toomey (R-PA) in offering an amendment clarifying the definition of “broker” with respect to digital asset third-party reporting requirements. Since then, Wyden - who serves as Chairman of the Senate Finance Committee - has publicly affirmed that he “want[s] to be on the side of the innovator” when it comes to crypto regulation.
Sen. Cynthia Lummis, Republican Party, incumbent from Wyoming (not up for re-election)
Although Senator Lummis is not up for re-election until 2026, HODLpac is endorsing her due to her strong, pro-crypto (with an emphasis on Bitcoin) positions. After her election in 2020, Senator Lummis quickly emerged as the go-to Bitcoiner in the Senate. She founded and chairs the Senate Financial Innovation Caucus, is a member of the Senate Banking Committee, and is currently working on a bipartisan crypto bill with Senator Kristen Gillibrand (D-NY).
Sen. Tim Scott, Republican Party, incumbent from South Carolina
Senator Scott is a rising star in the Republican party that has signaled that he is pro-crypto innovation. He is a member of the Senate Financial Innovation Caucus and serves on the Senate Agriculture Committee, which oversees the CFTC. Supporting Senator Scott’s re-election effort means securing a crypto ally in the Senate for years to come.
Sen. Chuck Schumer, Democratic Party, incumbent from New York
Senator Schumer is the Senate Majority Leader, meaning he is one of the most powerful people in Washington. Even if Republicans take back the Senate in 2022, Schumer will most likely still lead the Democratic caucus in the next Senate as ranking member. Despite the fact that he is not as explicitly pro-crypto as others on this list, HODLpac is endorsing Schumer because crypto needs more Democratic allies and Schumer holds the keys.
Sen. Mike Braun, Republican Party, incumbent from Indiana
Senator Braun is emerging as a crypto-curious member of the Senate. He is a member of the Senate Financial Innovation Caucus and recently co-sponsored a companion bill in the Senate to Rep. Tom Emmer’s House bill that would prohibit the Federal Reserve from issuing a central bank digital currency directly to individuals, in the interests of financial privacy.
Rep. Tim Ryan, Democratic Party, Ohio
Rep. Tim Ryan (OH-17) is running for the open senate seat in Ohio. While in Congress, Ryan has been increasingly pro-crypto over the years. Just recently, he co-sponsored the Keep Innovation in America Act, which would fix the bad crypto provisions in the infrastructure bill.
Rep. Ted Budd, Republican Party, North Carolina
Rep. Ted Budd (NC-13) is a pro-crypto champion in the House and is running for the open Senate seat in North Carolina. He is a member of the House Financial Services Committe - where he has sponsored 6 bills related to crypto policy in the 117th Congress - and a member of the House Blockchain Caucus. Budd would be a clear pro-crypto addition to the Senate if he were to be elected.
Blake Masters, Republican Party, Arizona
Blake Masters, a lawyer and venture capitalist who co-authored the famous book “Zero to One” with Peter Thiel, is a pro-crypto candidate for Senate in the battleground state of Arizona. He has suggested that the United States should support the cryptoeconomy to counter China’s crackdown on the industry and even that the US government should buy “a strategic reserve of Bitcoin.” Masters would be a formidable ally in the Senate if he were to be elected and is worthy of the crypto community’s support as he seeks to win the Republican primary.
Josh Mandel, Republican Party, Ohio
When Josh Mandel served as the Ohio State Treasurer, he made Ohio the first state in the nation to accept bitcoin for certain tax payments. Now, he is running for the open Senate seat in Ohio and is in the middle of a fierce Republican primary, with no clear leader. Mandel would be a pro-Bitcoin addition to the US Senate if he were to be elected and is worthy of our community’s support to that end.
Thoughts? Questions? Tweet at us.
Stay tuned for our Donation Round #1 launch tomorrow… check your inboxes around noon EST.
Disclaimer: HODLpac is a FEC-registered hybrid political action committee and is not legally affiliated with any party, party committee, candidate or candidate committee.