The committee has jurisdiction over banks and financial institutions, housing, securities, insurance and Federal Reserve oversight. Under Warren, its agenda could place greater emphasis on financial-industry investigations, consumer safeguards and scrutiny of the crypto sector.
The Massachusetts Democrat, who has spent years criticizing large financial institutions and consumer lending practices, would gain expanded resources and investigative authority as chair, including subpoena powers and the ability to demand testimony. That could bring greater congressional scrutiny to banks, private equity firms, consumer lenders and crypto companies.
Financial policy analysts expect Warren to launch multiple investigations, with potential targets including the OCC’s approval of a bank charter for Trump-backed World Liberty Financial.