Critics of encryption, Elizabeth Warren, will serve as the top Democrat on the Senate Banking, Housing, and Urban Affairs Committee

Senator Elizabeth Warren, one of the leading critics of the US Cryptocurrency industry, is set to become the top Democrat on the Senate Banking, Housing, and Urban Affairs Committee in the next Congress, where she will weigh in on legislation for digital assets that may require the committee's approval, according to an announcement. In a statement on Wednesday, she said, "This new position means there are better opportunities to advance solutions, such as building more housing to drop prices, and protecting consumers from the greed of private sales and the infringement of special interests eyewash." It is reported that if the Democratic Party regains control of the Senate within two years, she may become the next chair of the committee.