By Harshawn Ratanpal for OpenSecrets.
Broadcast version by Nadia Ramlagan for West Virginia News Service reporting for the OpenSecrets-Public News Service Collaboration

The race to replace Sen. Joe Manchin (D-W.Va.) has heated up since the 76-year-old moderate announced he won't be running for reelection.

Outside groups have spent $4 million on the Republican primary since Manchin's Nov. 9 announcement, more than triple what they spent in the seven months before. In total, super PACs have spent over $5.1 million on the race so far.

Rep. Alex Mooney and West Virginia Gov. Jim Justice are both running for the Republican nomination. The general election was ranked a toss-up by the Cook Political Report before Manchin's exit but has since turned into a solid red seat, meaning the winner of the Republican primary is favored to win the general election too. While there have not been any polls since Manchin's announcement, the latest from Emerson College predicted in October that Justice would outperform Mooney.

Last week, a previously inactive super PAC called Defend American Jobs dropped $1.5 million into the race on a media buy for Justice. The group raised $4.7 million last year, according to OpenSecrets' analysis of a campaign finance disclosure filed Jan. 29. Coinbase and Ripple Labs, two cryptocurrency companies, each contributed $1.5 million. Another $1.5 million was contributed by venture capital firm Andreessen Horowitz.

Defend American Jobs is affiliated with Fairshake, a Florida-based crypto-focused super PAC that has spent money supporting both Democrats and Republicans in over a dozen House races across the country late last year. On Jan. 31, Fairshake disclosed to the Federal Election Commission that it had $67 million on hand at the start 2024. The group gave $150,000 to Defend American Jobs last year.

Fairshake's website says it "supports candidates committed to securing the United States as the home to innovators building the next generation of the internet," and Axios reports an operative of the group says it supports candidates who are "pro-innovate, pro-responsible regulation, pro-crypto, pro-blockchain technology."

The only public action or statement by Justice regarding cryptocurrency seems to be in 2017, when the then-Democrat Justice signed a bill into law that defined cryptocurrency and made it illegal to use it to launder money in West Virginia.

Despite the recent spending surge for Justice, Mooney has received more support from super PACs in total. Since April, groups have spent $2.7 million supporting the five-term representative or opposing the governor, with $1.6 million of that spent between Manchin's November announcement and the end of 2023.

Conservative advocacy group Club for Growth is the top spender boosting Mooney with $2.1 million supporting him or opposing Justice. The group announced last July that its super PAC and the Protect Freedom PAC had raised more than $13 million to support Mooney's bid for Senate.

Mooney is also endorsed by the Senate Conservatives Fund, which has spent $220,000 supporting him.

Justice has attracted much less super PAC support, especially before Manchin dropped out. Before November, the only outside spending supporting Justice was $75,000 from More Jobs, Less Government, a super PAC that has primarily spent money on races in Montana. Its top donor last election cycle was the Congressional Leadership Fund, a super PAC dedicated to electing Republicans to the House of Representatives.

After Manchin's announcement, Justice garnered support from the Conservative Americans PAC, a group that received millions from conservative dark money groups ahead of the 2022 midterm elections. The Conservative Americans PAC was called a "pop-up" super PAC in 2022, as it launched shortly before many races, allowing it to forgo disclosing its donors until after multiple primaries. The group spent $883,000 supporting Justice and opposing Mooney in the last two months of 2023.

Justice's campaign committee raised more money than Mooney's during 2023. But by the end of the year, Mooney had more money on hand than Justice because he transferred over $1 million from his House campaign committee. If Justice needs more cash, he could dip into his own wealth, which he did in both his 2016 and 2020 runs for governor.



Harshawn Ratanpal wrote this story for OpenSecrets.

Support for this reporting was provided by The Carnegie Corporation of New York.


get more stories like this via email

Concert and sports fans in Ohio are expressing growing frustration over rising ticket prices and hidden fees.

In response, Congress is considering the TICKET Act, a bipartisan bill which aims to increase transparency by requiring ticket sellers to display all fees upfront.

Sally Greenberg, executive director of the National Consumers League, highlighted why she feels the issue is so important for consumers.

"People in Ohio understand the frustration and the anger that you feel when you go buy a ticket, it looks like a reasonable cost and, all of a sudden, the fees add 30%, 40%, 50% of the cost," Greenberg explained.

If the TICKET Act passes, ticket vendors will be required to show the total price, including fees, at the beginning of the purchase process. While supporters such as Greenberg see it as a win for consumers, some in the ticketing industry argued the change could disrupt business models.

The rise of online ticket fraud has become another challenge for buyers.

Nick Drewe, CEO of the consumer website WeThrift.com, emphasized the importance of vigilance when purchasing tickets online.

"Our study revealing the states with the highest online shopping fraud reports is a wake-up call for consumers nationwide," Drewe noted. "Navigating the digital marketplace is kind of like exploring a new city; it's exciting but also requiring caution."

As Ohioans await the outcome of the TICKET Act, many hope increased transparency will lead to fairer ticket pricing. Drewe urged consumers to remain cautious while shopping online to avoid becoming victims of fraud.

Groups are warning technology companies could undermine protections on a number of issues with their push for certain provisions in international trade agreements, known as digital trade rules.

Julie Bouanna, executive director of the Washington Fair Trade Coalition, said the policies could limit regulations on Big Tech passed in Washington state.

"The People's Privacy Act, legislation on artificial intelligence oversight and the right to repair," Bouanna outlined. "This is legislation that we see popping up in Washington but also, really, across the country as we're waking up to Big Tech's outsized influence on our everyday lives."

The People's Privacy Act was proposed legislation in Olympia, which would have allowed residents to correct and delete personal information collected on data servers. The tech industry argued trade agreements include exemption provisions for certain policies. It also said overregulation in areas like artificial intelligence could stifle the technology.

Bouanna countered there are legitimate concerns about the effects of including the policies tech companies are pushing for in trade agreements.

"These are trade rules that would essentially allow corporations to sidestep local privacy laws and shield their technology from government oversight," Bouanna explained. "Making it harder to hold them accountable."

Washington state lawmakers have also introduced legislation to increase transparency for algorithm-based decision-making to prevent discrimination from AI and allow for more affordable fixes to products through "right to repair" legislation, which has been adopted in other states like Oregon.

Bouanna noted all the policies could be affected by digital trade rules.


get more stories like this via email

During National Hispanic American Heritage Month, financial experts are speaking out to help Latino families build wealth.

Federal data show that more than a quarter of Latino consumers in the U.S. have no recent credit history, making them "credit invisible" and unlikely to qualify for a loan.

Jorge Lopez Colunga, business development officer in commercial lending for Self-Help Federal Credit Union in San Francisco, said some Latinos are unaccustomed to using credit.

"In Mexico, Latin America, it's either you pay cash or you just don't buy it because you cannot afford it," Lopez Colunga explained. "Here you have to learn how to use credit and leverage it, because it's crucial in order for them to afford something bigger in the future."

Lopez Colunga pointed out many Latinos are self-employed and may operate on a cash basis. He advised people to keep meticulous records and hire an accountant because accurate business income and tax records will help them qualify for business, home and car loans down the line.

Maria Ramos Cuaya, racial wealth gap coordinator at Self-Help Federal Credit Union, encouraged people to seek financial counseling.

"We always try to connect our members with the proper resources for them to understand how to create a spending plan, how to manage their finances, how to access credit without having to get into so much debt," Ramos Cuaya outlined.

Ramos Cuaya noted many banks and credit unions offer "credit builder" loans to help people establish or build new credit using their own money.