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Crypto’s fiercest advocates hailed the development as monumental, while key congressional chairs appear to be a bit more muted.

More GOP subcommittee moves, Senate Banking edition

The GOP leadership of the Senate Banking Committee is coming together, according to an internal planning document circulating among the staff this afternoon.

The subcommittee breakdown needs to be approved as the committee puts its organizing resolution together, but we’re not expecting too much drama. And notably, the Senate’s “crypto queen” will chair the Banking panel’s first-ever digital asset subcommittee – which we previewed yesterday.

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