Elizabeth Warren could put prediction markets and Trump crypto ties under Senate scrutiny

Elizabeth Warren wants to scrutinize prediction markets and the cryptocurrency ventures of President Donald Trump more closely. The victory of the Democratic Party in the midterm congressional elections paved the way for her to take the Chair position in the Senate Banking Committee in January 2027. The appointment is not yet final, though. Reuters believes that this new role would enable her to conduct investigations. Yahoo Finance has also reported that hearings fall in the scope of her agenda. What a Banking chair can and cannot touch As Banking Chair, Warren has the authority to initiate hearings, obtain relevant documents and testimonies, issue subpoenas in accordance with the procedures of the committee, and expedite bills. However, she does not possess any authority to create rules for prediction markets.

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