1 industry has accounted for almost half of corporate election spending this campaign

Cryptocurrency firms have been responsible for nearly half of all corporate spending so far in the 2024 election, according to a new report released by Public Citizen.

Corporations have spent $248 million to sway federal elections this cycle, with $119.2 million of this sum coming from crypto companies, according to Public Citizen’s analysis of campaign finance records released Wednesday. Expenditures linked to the crypto sector show no clear partisan lean, and the newly politically active...