CoinDesk Analysis: If Democrats Control Congress, Three Congresswomen Mistrustful of Crypto May Dominate Future Crypto Legislation
CoinDesk analysis points out that if the Democratic Party secures a majority in the U.S. Congress elections next January, three female lawmakers who are generally distrustful of digital assets—Representative Maxine Waters, Representative Shontel Brown, and Senator Elizabeth Warren—could play key roles in future cryptocurrency legislation. Maxine Waters is expected to regain leadership of the House Financial Services Committee; she once called the Digital Asset Market Clarity Act a "disastrous bill" and opposed including cryptocurrencies in retirement accounts. Shontel Brown could lead the House Agriculture Committee; she has previously opposed all digital asset bills. Elizabeth Warren could lead the Senate Banking Committee; she is one of the crypto industry's most prominent critics on Capitol Hill.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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