Warren Is Expected to Run Senate Banking as the SEC Sends a Crypto Broker Rule to the White House

Elizabeth Warren is expected to chair the Senate Banking Committee when Democrats take the Senate in January, putting any revived CLARITY Act through its sharpest critic. Meanwhile the SEC has sent a crypto broker-dealer capital and custody proposal to the White House for review. Senator Elizabeth Warren, one of the crypto industry's most persistent critics in Congress, is expected to become chair of the Senate Banking Committee when Democrats take control of the Senate in January, The Wall Street Journal reported on Friday.