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Elizabeth Warren to Chair Senate Banking Committee and Crypto Industry Response

Fortune · ·by G4L

  1. 1Senator Elizabeth Warren is set to take over as the chair of the Senate Banking Committee with strong authority next January.
  2. 2The crypto industry spent $170 million on campaign advertisements to support Republican candidates during the midterm election period.
  3. 3More than $63 million used by the crypto industry to attempt to unseat crypto skeptic Sherrod Brown failed.

So what's the key point?

Senator Elizabeth Warren is expected to become a powerful Banking Committee chair next January. The crypto industry has spent a lot of money in response to this.

Source Fortune · View original ↗

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