🚨NEW: The midterms proved to be largely a bruising night for the GOP and the crypto industry. Here are the key wins and losses: 📌Over $64M of industry money failed to keep Sherrod Brown out of the Senate. Brown could land a committee leadership role with jurisdiction over crypto. 📌Pro-crypto House Republicans including @RepBryanSteil, @ZachNunn and @RepAnnWagner lost their seats. @RepMikeLawler conceded to Cait Conley, though AP has not called NY-17 yet as delayed ballots are counted. 📌DSCC Chair @SenGillibrand helped deliver a larger than expected Senate majority for Democrats, strengthening her influence in the conference. On the flip side, Republicans lost control of the Senate under NRSC Chair @SenatorTimScott, who is expected to move from Banking Chair to Ranking Member next Congress. 📌House Financial Services Chair @RepFrenchHill race not called yet but looks like he will squeak by with a margin of a few thousand votes. He’s expected to become Ranking Member, while Maxine Waters takes the gavel. 📌Pro-crypto Banking Committee member @PeteRicketts won his race in Nebraska. 📌Pro-crypto @RepAndyBarr won Kentucky’s open Senate seat, replacing Mitch McConnell, and will likely be a contender for a slot on the Banking Committee.