She’s back. Sen. Elizabeth Warren (D-Mass.), the longtime scourge of the crypto industry, is poised to return as a political force in January. That’s when Warren is expected to take over as Chair of the powerful Senate Banking Committee—a role that is critical for steering financial legislation, and comes with broad subpoena and investigative power.
Meta’s filings this week were dominated by its new class of non-voting stock, which would let Mark Zuckerberg raise cash, including enough to pay for a potential California wealth tax without giving up control of the company. Meta says it needs the new shares to fund its AI ambitions: Management’s forecasts “showed the Company’s need