The Banking, Housing, and Urban Affairs Committee has been under the chairmanship of Sherrod Brown, the Ohio Democrat that the cryptocurrency industry spent tens of millions of dollars on defeating in this month’s elections. In his tenure, Brown allowed no significant legislative debate on digital assets legislation, though even as he ran the committee, Massachusetts Democrat Warren often managed to be the more prominent naysayer on crypto matters. Now that the Republicans won the Senate majority and will take the gavel, Warren confirmed she’ll step up as the ranking Democrat there.
Bitcoin Price (BTC) Falls Following Jerome Powell Comments
The price of bitcoin (BTC) fell about 1.5% to $88,300 in the minutes following Powell's comments. The price at press...
