FORTUNE · 2026-11-09 13:18 UTC

The crypto world braces for Liz Warren's return. Has anything changed?

Sen. Elizabeth Warren is expected to become Chair of the Senate Banking Committee in January, a role with broad subpoena and investigative power. The crypto industry spent about $170 million on the midterms, including over $63 million in a failed bid to defeat Sherrod Brown, who won his Senate race and is likely to chair the Agriculture Committee. A recent Warren essay did not mention crypto, and Trump-appointed heads of the SEC, CFTC, and OCC will keep their posts through the end of his term, limiting drastic moves.

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