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

Is the Senate rumbling to life on crypto? Not exactly.

As Sen. Sherrod Brown (D-Ohio) raced out of the capitol on Wednesday afternoon, he had a singular message for reporters: the chair of the Senate Banking Committee really, truly does not want to talk about crypto.

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Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.