Democrats claim control of the US Senate
The shift in Senate control could change the path for the CLARITY Act, reshape committee leadership and bring closer scrutiny of Trump’s crypto businesses.
The shift in Senate control could change the path for the CLARITY Act, reshape committee leadership and bring closer scrutiny of Trump’s crypto businesses.
Democrats have won control of the US Senate after flipping Republican-held seats in Texas, Ohio, North Carolina, South Carolina, Kansas and Iowa, according to the Associated Press.
The majority was secured after Democrat Senator Josh Turek won the Senate race for Iowa, bringing Democrats and independents who caucus with them to 51 seats.
“It’s too early to say exactly what this means for crypto, but one thing is clear: nothing will pass without cross-partisan support,” Jerome de Tychey, president of Ethereum France and co-founder of EthCC, told Cointelegraph.