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Senator Richard Blumenthal, chairman of the Senate Permanent Subcommittee on Investigations (PSI), sent letters to Binance, Tether, World Liberty Financial, Fight Fight Fight LLC and other companies. Responses are due by January 4, 2027.
US Senate Democratic leader Chuck Schumer said on the evening of November 4 that the war against Iran must end and that some Republicans have joined the Democrats on this issue. On that headline, oil fell by about 6%.
In the midterm elections on November 3, Democrats won a majority in the Senate - 54 seats according to Associated Press counts, with 51 needed for control. Republicans, who entered the elections holding both chambers of Congress, are losing the Senate and risk losing the House of Representatives.
According to the Associated Press, Democrats and the independents aligned with them won 51 seats in the US Senate, as well as a majority in the House of Representatives. Republicans are losing control of Congress, and Trump's crypto agenda is left without an automatic majority of votes.
