Democrats projected to win both chambers of Congress, clouding crypto bill outlook
Democrats are projected to take majorities in both the US House and Senate after Tuesday's midterms, though some races were still being counted on Wednesday. In Ohio, former senator Sherrod Brown beat Republican Jon Husted despite roughly $30 million spent against him by crypto super PAC Fairshake. Analysts say the shift could slow the CLARITY Act market-structure bill, which stalled in September after a failed Senate procedural vote, although several Democratic senators have signalled interest in reopening talks.