"This new role means a better chance to advance solutions like building more housing to lower prices and protecting consumers from private equity greed and special interest scams," she said in a Wednesday statement.
Warren has often argued that the crypto industry is riddled with criminality and has introduced legislation to try to apply tight U.S. constraints on the sector.
The Banking, Housing, and Urban Affairs Committee has been under the chairmanship of Sherrod Brown, but even, as he ran the committee, Massachusetts Democrat Warren often managed to be the more prominent naysayer on crypto matters.
While the Republicans will control the committee's agenda and hearing schedule, she'll have a prominent platform to criticize the group's work on crypto.
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