The Wall Street Journal (WSJ) reported on the 5th (local time) that Democratic Senator Elizabeth Warren from Massachusetts is expected to assume the role of Chair of the Senate Banking Committee in the new Congress starting January 2027. This follows the Democratic Party's regaining of the majority in both houses in the midterm elections on the 3rd, although the appointment has not been officially confirmed yet.
The Banking Committee oversees financial regulators such as the Securities and Exchange Commission (SEC) and other financial authorities...