U.S. lawmakers have introduced the Abolish Super PACs Act, aiming to cap individual donations to super PACs at $5,000. This legislative effort, led by Representative Summer Lee and Senator Bernie Sanders, seeks to address concerns over the growing influence of crypto-backed campaign spending and other independent election expenditures. The proposal, announced on May 20, 2026, would amend the Federal Election Campaign Act of 1971, targeting a campaign finance system that has seen a significant increase in independent expenditures since 2010. The legislation comes as crypto-linked super PACs have gained prominence in Washington, particularly during debates over stablecoins and market structure policies. The proposed cap is intended to reduce the power of wealthy donors in financing large independent advertising campaigns tied to crypto policy priorities. Supporters of the bill argue that tighter contribution limits could diminish concentrated election spending power and restore influence to the general public. The measure is backed by several House members and organizations advocating for campaign finance reform.