Crypto Is a Clear Winner With Trump as GOP Takes Senate, Sherrod Brown Loses and Gensler Likely Heading for Door

With the aid of tens of millions the industry spent in Ohio through its Fairshake political action committee, Sherrod Brown’s long Senate career is over and a blockchain businessman, Bernie Moreno, will take his place. The loss of Brown, the Democratic chairman of the Senate Banking Committee, also contributed to the Republicans seizing the Senate majority, meaning Brown’s committee will have a new GOP chairman who will likely welcome crypto legislation rather than leave it in limbo, as Brown had.