Crypto's Trump-fueled Washington boom reaches its endgame

Crypto’s political tailwind in Washington has ended abruptly as Democrats are set to control Congress after the midterm sweep, raising the risk of tougher rules and more scrutiny of ties to President Donald Trump. For two years, the industry benefited from a president who treated digital assets as a national priority and from regulators moving toward broader adoption, alongside a Republican Congress. Now, the shift could make comprehensive legislation harder to secure and could open congressional investigations into Trump’s crypto dealings. The article points to the Senate’s failure in September to advance the Clarity Act, and says Democrats plan to push stricter ethics limits, stronger consumer protections, and greater SEC oversight. It also notes that Sherrod Brown, aligned with crypto policy roles, could chair the Senate Agriculture Committee overseeing the CFTC.