BLOOMBERG · 2026-11-07 13:03 UTC

Crypto's Trump-Fueled Washington Boom Reaches Its Endgame

Democrats set to control Congress after their midterm sweep, threatening tougher crypto rules and scrutiny of industry ties to Trump. The Senate failed in September to advance the Clarity Act, with Trump's crypto dealings a flashpoint alongside disputes over stablecoin rewards, investor protections and banking competition. Democrats signal demands for tougher ethics restrictions, stronger consumer protections and a bigger SEC role; Sherrod Brown may chair a Senate committee overseeing the CFTC.

Loading the story on Tree News…