ChainCatcher news, the Blockchain Association, a lobbying group for the U.S. crypto industry, stated that SEC Chairman Gary Gensler should recuse himself from enforcing rules on the crypto industry, noting that "his public comments have clearly indicated that he has not taken an impartial stance on these issues." (source link)

According to Chain Catcher news, citing insiders from The Block, the American Blockchain Association's Political Action Committee (PAC) has spent over $10 million in the U.S. midterm elections and supported 15 successful candidates, including John Boozman, a co-sponsor of legislation to expand the Commodity Futures Trading Commission's (CFTC) direct oversight of digital assets.Previously reported, the American Blockchain Association launched a Political Action Committee (PAC) aimed at donating to the campaign activities of "candidates supporting cryptocurrency" from both the Democratic and Republican parties. (The Block)