[Watcher Guru] JUST IN: Anti-crypto Senator Elizabeth Warren expected to become Chair of Senate Banking Committee, giving her major power over the financial industry.

Senator Elizabeth Warren is expected to take over as chair of the Senate Banking Committee, handing the prominent crypto critic gaveling power over the panel that oversees the financial industry. The move matters because the committee's jurisdiction covers securities and banking regulators whose rulemaking shapes digital-asset oversight, and Warren has pushed for tougher anti-money-laundering and consumer-protection standards for crypto firms. Her elevation would come as the industry lobbies for clearer, more favorable legislation. What to watch next is whether she sets the committee's agenda toward stricter enforcement-oriented bills or negotiates with pro-crypto lawmakers on market-structure legislation.