Morning Edition · Tuesday, November 10, 2026Published at 12:42 AM EST · New York

Elizabeth Warren Prepares to Chair Senate Banking With Prediction Markets as an Early Target

TD Cowen's Jaret Seiberg puts only a 10% chance on Congress banning platform-paid stablecoin yield within two years, even as banks renew their push under a Democratic majority.

Senator Elizabeth Warren of Massachusetts, the senior Democrat on the Senate Banking Committee, is expected to become its chair when the new Congress meets in January, after Democrats gained control of the chamber in the midterm elections.…