Warren to Chair Senate Banking Committee, Plans Broad Probe of Wall Street, Big Tech and Trump-Linked Crypto Firms

Cointime update: Democratic Senator Elizabeth Warren is preparing to take over the Senate Banking Committee next year and launch a broad legislative and oversight agenda targeting major Wall Street institutions, Big Tech, crypto businesses tied to the Trump family and other large corporations. She plans to use the committee’s subpoena and investigative powers to examine corporate conduct and financial risk, with private credit, AI bubble risk and prediction-market regulation as priorities.