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🇺🇸 Crypto's toughest critic is set to take the gavel. Senator Elizabeth Warren is expected to chair the Senate Banking Committee when the new Congress convenes on January 3, 2027, after Democrats swept both chambers in the Nov 3 midterms. The committee writes every crypto market bill in the Senate and oversees the SEC. The CLARITY Act already failed a 49-50 cloture vote in September — under Warren, a Republican version is unlikely to get another committee vote. House Democrats are separately drafting an SEC-led bill under Rep. Maxine Waters. Stifel expects targeted probes into crypto firms once Warren holds the gavel, and Fortune reports World Liberty Financial is likely among the first targets, with inquiries starting as early as February 2027. #Crypto #Bitcoin #CryptoRegulation #ElizabethWarren #CLARITYAct #SEC #Zimbuck

🇺🇸 House Democrats are drafting their own crypto market structure bill after sweeping both chambers in the Nov 3 midterms. The plan expands Rep. Maxine Waters' Crypto Investor and Consumer Bill of Rights — giving the SEC more oversight of crypto markets while narrowing the CFTC's role, with stricter DeFi rules and ethics curbs on officials' crypto dealings expected. The CLARITY Act passed the House 294-134 in July 2025 but stalled in the Senate after a 49-50 cloture vote in September. Paradigm's Justin Slaughter says CLARITY now looks "dead" in the lame duck. The new bill would land in the Congress convening Jan 3, 2027. Pro-crypto candidates backed by Stand With Crypto won 27 races. #Crypto #Bitcoin #CryptoRegulation #CLARITYAct #SEC #Zimbuck