Warren to Chair Senate Banking Committee, Vows Scrutiny of Prediction Markets and Trump Crypto

Warren's chairmanship shifts the Senate Banking Committee's crypto posture from oversight-by-letter to agenda-setting power, with prediction markets now framed as a consumer-protection and market-integrity issue rather than a niche. The Trump family's memecoin and World Liberty Financial ventures face a committee whose ranking member has already sought ethics investigations, raising the prospect of formal hearings and document demands. Whether prediction-market scrutiny translates into legislative language, and how the industry's Washington lobbying responds to a hostile gavel, are the open questions to watch.