How tech bros bought 'America's most pro-crypto Congress ever'
Publishing timestamp: 2024-11-23 08:52:34
Summary
Crypto industry heavily invested in the 2024 election, backing pro-crypto candidates and targeting opponents. The industry's lobbying efforts paid off, with nearly 300 pro-crypto lawmakers set to take seats in the House and Senate. The election saw the rise of candidates supported by the crypto industry, such as Bernie Moreno, who defeated Democratic incumbent Senator Sherrod Brown. The industry's influence over legislative agenda is expected to grow significantly.
Sentiment: MIXED
Tickers: COIN,
Keywords: bitcoin, fintech, elizabeth warren, business news, coinbase global inc, cryptocurrency, energy, technology,
Source: https://www.cnbc.com/2024/11/23/how-tech-bros-bought-americas-most-pro-crypto-congress-ever.html