Warren to Target Prediction Markets, Trump Crypto as Banking Chair

Warren's move to the Banking Committee gavel shifts crypto oversight from rhetoric to subpoena power, and the early signal that Trump family ventures should preserve documents suggests document retention, not legislation, may be the first front. Prediction markets sit in the crosshairs alongside the family businesses, tying two previously separate policy threads into one scrutiny lane. The open question is whether this becomes a hearings-driven pressure campaign or a broader push for formal rules covering event contracts, and how firms in both categories position their compliance and disclosure ahead of that.