Crypto and the 2024 U.S. Election

JH (8:39 p.m. ET) Representative Andy Barr, a Republican from Kentucky, will keep his seat in the House of Representatives, bringing in almost two thirds of the vote in the ongoing tally on election night. That means he’ll likely stay in the running for taking over the gavel in the House Financial Services Committee if Republicans retain the House.

Barr had put himself forward to replace the retiring Patrick McHenry to lead the committee that’s been the tip of the spear for crypto legislation in Congress. In this election, Barr had been among the 58 congressional candidates backed by industry PAC Fairshake, so the crypto sector has hopes for him.

He’s among at least five early winners among the Fairshake candidates, with no losses on the board, yet.