# Elizabeth Warren Is Expected to Chair the Senate Banking Committee By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/54970 Published: 2026-11-12T05:33:15.000Z Updated: 2026-11-12T05:33:15.000Z Section: Regulation > Warren has argued that crypto assets have yet to demonstrate a benefit to the financial system. Sen. Elizabeth Warren is expected to chair the Senate Banking Committee, bringing the views of a lawmaker who questions crypto’s financial value to the panel’s top job. Warren has argued that crypto assets have yet to demonstrate a benefit to the financial system and that the industry still needs to prove their value. Sen. Cynthia Lummis previously made a practical-use case for [stablecoin payroll and lower transfer costs](). The transition is expected in January 2027, after Democrats won control of the Senate in the Nov. 3 midterm elections. ## Links in this article - [stablecoin payroll and lower transfer costs](https://www.tokenpost.com/news/regulation/54427)