# Major U.S. Crypto Legislation in Doubt After Democrats Win Both Chambers By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/51607 Published: 2026-11-08T13:04:12.000Z Updated: 2026-11-08T13:04:12.000Z Section: Regulation > Galaxy Research chief Alex Thorn expects little substantial progress. The incoming Congress includes 19 pro-crypto senators and 226 pro-crypto House members. Galaxy Research chief Alex Thorn expects major U.S. digital-asset legislation to make little substantial progress after Democrats won both chambers of Congress. Federal regulators have clarified crypto rules within their existing authority, while committee leadership may change. The outlook adds to a [tougher path for U.S. crypto legislation under Democratic control](). Rep. Maxine Waters may again lead the House Financial Services Committee. The incoming Congress includes 19 pro-crypto senators and 226 pro-crypto House members. Separately, candidates backed by crypto and artificial intelligence political action committees lost nine of 12 competitive races but won all 40 contests described as safer. The Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC) and bank regulators have clarified crypto rules under their existing legal authority. The Trump administration has two years to continue that work. ## Links in this article - [tougher path for U.S. crypto legislation under Democratic control](https://www.tokenpost.com/news/regulation/49694)