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

Reuters: The new money surging into U.S. politics comes from a fresh class of billionaires hailing from industries that barely existed a generation ago, occupying territory traditionally held by Wall Street, along with the pharmaceutical, oil and media industries, strategists from both parties say.

As lawmakers across the country press for ‌more scrutiny and regulation of these industries, their founders are deploying their newfound wealth to win allies, shape rules and push back on those efforts…

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