Sen. Elizabeth Warren is preparing an oversight campaign targeting Trump family crypto businesses, Big Tech and Wall Street if she becomes chair of the Senate Banking Committee in January, Politico reported. She is expected to take over the panel, but the investigations have not begun.
A committee aide said Warren wants tighter oversight of prediction markets and plans to raise concerns about financial stability. Politico reported that Nvidia CEO Jensen Huang is expected to be an oversight target; Reuters said Warren is also likely to examine a conditional bank charter granted to Trump-backed World Liberty Financial. Her ability to pass legislation would be limited while President Donald Trump remains in office, with any bills she advances facing a likely veto.