Elizabeth Warren could lead the U.S. Senate Banking Committee and launch investigations into banks and crypto companies.

According to The Wall Street Journal, Democratic Senator Elizabeth Warren will chair the Senate Banking Committee, giving her significant influence over regulation of the U.S. financial sector.

Warren is known for her tough stance on Wall Street and cryptocurrencies. Under her leadership, the committee is expected to step up oversight and launch investigations into major banks, investment funds, prediction markets, and crypto companies.