Crypto-Backed Super PAC Launches Midterm Election Endorsements Push

Tether’s top government affairs official is now running one of the most well-funded political operations in the crypto world. Jesse Spiro, who serves as head of government affairs for the stablecoin giant, was named chair of Fellowship PAC earlier this month — a crypto-aligned super PAC that says it has more than $100 million ready to spend on the 2026 US midterm elections. First Spending On Record The group’s opening move was a $300,000 ad buy backing Clay Fuller, a Republican who won a special election to fill the Georgia 14th Congressional District seat left open after Marjorie Taylor Greene stepped down. That spending was formally reported to the Federal Election Commission and disbursed this week, roughly a month before Georgia’s Republican primary on May 19. Fellowship did not stop there. The PAC posted a list of endorsements to its account on X, backing Republican candidates in