Democrats Win House, Gaining New Leverage Over Crypto Legislation

House Democrats won control of the chamber, giving them committee gavels and oversight authority over crypto legislation while the CLARITY Act remains stalled at the Senate floor. The shift matters because House committees will now set the agenda for market-structure and stablecoin bills, and can launch investigations into agencies such as the SEC and CFTC. With the CLARITY Act still awaiting Senate action, the path for any crypto bill now runs through a divided Congress, raising the odds of gridlock or a narrower compromise package. Watch whether Democratic leaders prioritize a stablecoin or market-structure bill and whether Senate negotiators revive CLARITY in the lame-duck session.