Elizabeth Warren expected to take Senate Banking gavel after Democratic midterm win
Senator Elizabeth Warren, a long-standing critic of the crypto industry, is expected to chair the Senate Banking Committee from January 2027 after Democrats won control of both chambers in the 3 November midterms, according to a Wall Street Journal report. The move is not yet final; Republican Tim Scott holds the post today. Her likely focus areas include consumer protection in crypto, insider trading on prediction markets and Trump family crypto ventures such as World Liberty Financial, which could reshape the pending market structure bill.