Democrats Win Senate Control as CLARITY Act Remains Stalled

Democrats have won Senate control, putting Elizabeth Warren in line to chair the Banking Committee, while the CLARITY Act—the crypto market-structure bill—remains stalled after a failed procedural vote and is still awaiting floor action. The outcome matters because Warren, a vocal crypto critic, would gain oversight of digital-asset legislation at a pivotal moment for the industry. The bill's path forward is now the key thing to watch, since a failed procedural vote leaves it short of the 60 votes needed to advance in the chamber.