Democratic U.S. Senator Sherrod Brown made his final remarks to U.S. lawmakers on the Senate Banking Committee before leaving office next January. Brown issued the warning in a notice on December 11, part of a prepared statement for hearings before the next Congress and President-elect Trump is sworn in. He said that under Trump's nominations so far, corporate special interest groups will "exploit workers and customers at will." Brown said of Trump: "He is opening our government to the highest bidder. It is the responsibility of all of you to keep (the Consumer Financial Protection Bureau) and make it the only place where ordinary Americans can go to fight for them." He added: "The committee must be prepared for the struggles and challenges ahead... From algorithmic pricing to artificial intelligence to cryptocurrencies. All of these risks have one thing in common: they all have the potential to take money away from American workers... and channel it into the hands of corporate elites who always seem to have the upper hand." In November, Brown lost his re-election campaign to Republican Bernie Moreno. Fairshake, a political action committee funded by cryptocurrency industry players, has invested more than $40 million in Senate races to promote or help Republicans win the Senate. (Cointelegraph)
Alex
