Crypto Industry's $40 Million Defeat of Pro-Worker Sherrod Brown Called 'Obscene'

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Bernie Moreno أخبار

Campaign Finance,Donald Trump,Election 2024

Jake Johnson is a senior editor and staff writer for Common Dreams.

The Republican Party's capture of the U.S. Senate this week was made possible in part by massive spending from the nascent but increasingly influential cryptocurrency industry, which pumped more than $40 million into a successful effort to topple pro-worker progressive Sen. Sherrod Brown in favor of luxury car dealer Bernie Moreno.

' 'Sherrod Brown is one of the most pro-worker, pro-middle-class members of the U.S. Senate,' Greenhouse added. 'He truly fights for workers.' 'The strategy was a brazen attempt to buy influence while keeping the public unaware of what they were supporting.

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Crypto's $245 million campaign finance operation filled airwaves with ads not about cryptoThe crypto sector emerged as a top donor this election cycle, but the ads it funded weren’t about digital currencies.
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