Michigan Senator Debbie Stabenow announced she will abandon her post in January 2025.
The politician was one of the creators of cryptocurrency legislation that could empower the CFTC with exclusive jurisdiction when overseeing the market. Interestingly, the former CEO of FTX – Sam Bankman-Fried – was a vocal supporter of the bill, which received the nickname: “the SBF crypto bill.”
Passing the Torch
Senator Stabenow – the first woman from Michigan elected to the United States Senate – will leave her position in the Northern state:
“Inspired by a new generation of leaders, I have decided to pass the torch in the US Senate. I am announcing today that I will not seek re-election and will leave the US Senate at the end of my term on January 3, 2025.”
Senator Debbie Stabenow, Source: CNBC
She said her main focus throughout the next two years will be the well-being of the locals and creating job opportunities in the urban and rural communities. The politician vowed to contin
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