Representative James Baird won the Republican primary for Indiana’s 4th Congressional District, keeping his reelection campaign on track before the 2026 midterms.
Summary
- Baird won Indiana’s Republican primary after crypto-linked PAC Defend American Jobs spent heavily supporting him.
- Fairshake’s political network is targeting 2026 races to support candidates backing crypto market rules.
- The victory comes as lawmakers debate the CLARITY Act and stablecoin yield rules in Washington.
Decision Desk HQ data showed Baird ahead with 35,805 votes, or 60.28%, while Craig Haggard had 18,256 votes, or 30.73%. John Piper followed with 5,340 votes.
The race drew attention from the crypto sector because Baird received support from Defend American Jobs, a political action committee linked to Fairshake. Crypto.news reported that the PAC spent about $514,000 on media buys to support Baird before the Indiana primary.
Crypto PAC money enters the race
Defend American Jobs backed Baird after he supported crypto-related legislation in Congress. Crypto.news reported that Stand With Crypto rated him as strongly supportive of digital assets after his votes on the GENIUS Act and the CLARITY Act.
Fairshake has become one of the most active crypto-funded groups in U.S. politics. A Fairshake spokesperson said, “Representative Baird has been a proven leader for pro-job, pro-consumer, and pro-innovation policies in Congress.” The group said it supports candidates who back responsible digital asset regulation.
Meanwhile, the Indiana result comes as crypto groups prepare for a larger role in the 2026 midterm elections. Crypto.news reported that Fairshake and AI-focused PACs have already deployed more than $100 million into midterm races.
At the same time, public trust remains mixed. A Public First poll cited by crypto.news found that 45% of Americans viewed crypto investing as too risky. The same report said 44% of respondents believed AI was moving too fast.
Baird also received an endorsement from Donald Trump. AP reported that Trump-backed candidates performed strongly in several Indiana Republican races, showing how national political spending and endorsements shaped local contests.
CLARITY Act debate stays in focus
Baird’s win comes as Congress weighs digital asset rules, including the CLARITY Act. Crypto.news reported that Senators Thom Tillis and Angela Alsobrooks reached a compromise on stablecoin yield, but banking groups later pushed back against the text.
The compromise would block passive stablecoin yield that acts like bank interest while allowing rewards linked to platform activity. Crypto firms see the deal as a possible path for the bill, while banking groups argue it still leaves room for deposit outflows.
The Indiana primary shows how crypto policy has become part of campaign strategy. Baird’s win gives the sector another preferred candidate heading into November, while the stablecoin and market structure debates continue in Washington.
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