Democrats win Congress; crypto and energy policy implications
The FT reports Democrats captured both houses in the midterms, prompting speculation on crypto's political fate and a push for permitting reform.
What we know
FT reports a sweeping Democratic victory and Romney criticizes Trump's policies. Toly predicts Democrats will target crypto, while policy writers push permitting reform via BAAJA.
Sources
@FT
“The Democrats have won a sweeping victory in the midterm elections and have captured control of both houses of Congress.”
View post →@toly
“dems will focus their wrath on crypto because no one wants to actually stop the data center build out.”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.