According to The Wall Street Journal, Democratic Senator Elizabeth Warren, a long-time advocate for stronger regulation of the crypto industry, is expected to become chair of the Senate Banking Committee in January, gaining broader oversight and subpoena powers over the financial industry. The report indicates that her initial focus may include investigating suspected insider trading in prediction markets, reviewing consumer protection measures at cryptocurrency companies, and investigating potential conflicts of interest involving the Trump administration and its family members. Warren's appointment is not yet finalized, but most Senate observers believe the likelihood of competition is low. https://wublock123.com/news/elizabeth-warren-to-chair-banking-committee-january-crypto-regulation-71459