Much of his financial support was to Democrats in primaries -- so it was literally spent against democrats as much as it was in support of them. Over 1/4 of his 2022 giving was to a single candidate in Oregon (Carrick Flynn) who was running against a well-liked Democrat incumbent (Andrea Salinas). Flynn lost, SBF spent nearly $1,000/vote in that primary, and basically garnered zero 'power' from that spending. If anything he antagonized the actual power brokers by diverting their resources to support a candidate that otherwise would have won without intervention.