Crypto critic Elizabeth Warren set to chair Senate Banking in January

Elizabeth Warren, one of Congress's harshest crypto critics, is set to chair the Senate Banking Committee in January, though the role is not yet official and few in Washington expect a challenge. Her new gavel would give her broad influence over crypto legislation and oversight, with the effect likely concentrated on specific companies and tokens rather than the whole market. Traders would read the shift as a regulatory headwind, since Warren has consistently pushed for tighter restrictions on digital assets.