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A GOP-controlled Washington would almost certainly need Democratic votes for major crypto bills to become law.

Biden out. Now about bipartisan crypto reform…

First, the big news: President Joe Biden is out of the presidential race, and the party is rallying around Vice President Kamala Harris to run in his place.

It is, to quote our colleagues, “a seismic development that completely upends the 2024 election.” We are out this afternoon with a special edition breaking down what this all means for the election ahead with a focus, of course, on Congress.

To summarize:

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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.