Democrats Sweep Congress as Sherrod Brown Survives Crypto’s Ohio Spending Push

The industry spent tens of millions of dollars trying to keep Brown out of the Senate, and now faces a Banking Committee that Elizabeth Warren appears poised to lead. Democrats won control of both the House and the Senate in Tuesday’s midterm elections, the Associated Press reported, handing the committees that oversee crypto to the party whose senators blocked the industry’s market structure bill this session. In Ohio, Democrat Sherrod Brown beat Republican Sen. Jon Husted despite heavy crypto spending against him.