'Tough Questions' Ahead: Warren Targets Prediction Markets, Trump Crypto as Banking Chair
Summary
Sen. Elizabeth Warren is preparing a Senate Banking Committee oversight campaign targeting Trump family crypto businesses, financial regulators, Wall Street and Big Tech, according to reports. She is expected to investigate the OCC’s conditional charter for Trump-backed World Liberty Financial and pursue broader scrutiny of crypto and prediction-market oversight. Warren has opposed several industry priorities, including the Clarity Act and allowing crypto in 401(k) plans. Her investigations could intensify political disputes over crypto regulation, though her ability to enact legislation will be limited while Trump is president.
