A couple of Senate Banking Committee members have made it clear they won't be backing whoever Trump ends up nominating—and it all ties back to the DOJ's recent move on Powell. This kind of pushback from the committee level could shape how regulatory decisions unfold in the crypto and broader financial sector. The political friction here matters because the Banking Committee wields real influence over monetary policy appointments and agency leadership. When lawmakers start drawing lines in the sand like this, it typically signals deeper concerns about regulatory direction or enforcement priorities. For the crypto community watching Washington, this development highlights how federal politics and policy-making directly intersect with market oversight. Whether this translates to a shift in how agencies like the SEC or CFTC approach digital assets remains to be seen, but these early signals are worth paying attention to.

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