Elizabeth Warren Set to Become Top Democrat on Banking Panel

Senator Elizabeth Warren of Massachusetts is set to become the top Democrat on the Banking Committee, a prominent position for a top critic of Federal Reserve Chair Jerome Powell, America’s biggest banks and the crypto industry.

“In the aftermath of the 2024 election, it’s powerfully important for Democratic leadership to show that we can make life more affordable for working people and to act with urgency to rebuild our middle class,” Warren said in a statement.

“This new role means a better chance to advance solutions like building more housing to lower prices and protecting consumers from private equity ...