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Crypto, AI and betting firms fuel record spending on 2026 midterms

Crypto, AI and betting firms fuel record spending on 2026 midterms

U.S. President Donald Trump shakes hands with Brian Armstrong, Coinbase Co-Founder & Chief Executive Officer, as he delivers remarks with cryptocurrency executives in the Roosevelt Room at the White House in Washington, D.C., U.S., August 19, 2026.—Reuters
U.S. President Donald Trump shakes hands with Brian Armstrong, Coinbase Co-Founder & Chief Executive Officer, as he delivers remarks with cryptocurrency executives in the Roosevelt Room at the White House in Washington, D.C., U.S., August 19, 2026.—Reuters 

NEW YORK: A handful of billionaires and companies are driving corporate spending in US midterm elections this year, and they aren’t the usual power brokers who have sat atop the political food chain in Washington in previous decades.

Crypto companies, artificial intelligence firms and online betting have emerged as the biggest industries shaping the 2026 midterm races, driving a record…

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