$BTC : TD Cowen: Democratic Sweep Makes a Crypto-Backed CLARITY Act ‘Impossible’
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The note lands after a bruising week for the industry: a record $6.34 billion Binance hack , the loss of House allies Bryan Steil, Zach Nunn and Ann Wagner, and more than $170 million in super PAC spending that failed to deliver the Congress it was meant to buy.

Clarity, Brown and World Liberty Seiberg’s crypto calls build on a note he published Tuesday , before the results. Sherrod Brown’s return to the Senate from Ohio, after about $64 million in industry money went to stopping him, “damages the crypto industry’s political clout,” he wrote.

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Source - Bitcoin Magazine