US Senator Warren plans to strengthen oversight of prediction markets and the Trump family's crypto business.

on November 10, according to The Block, that an aide to U.S. Senator Elizabeth Warren on the Senate Banking Committee stated that Warren plans to strengthen oversight of prediction markets and the Trump family's cryptocurrency ventures after assuming the role of committee chair next January.

The aide said that the Trump family's crypto enterprises, government officials, Wall Street executives, and others should retain documents and be prepared to answer inquiries. Warren had previously requested an investigation into potential conflicts of interest surrounding Trump's meme coins and World Liberty Financial, a cryptocurrency project backed by his family.

The report noted that Warren had also questioned how Kalshi and Polymarket prevent insider trading. Her aide stated that Warren aims to end the current situation of unregulated prediction markets where insiders profit.