"Wouldn't it be cool if we had a subcommittee on the banking committee focused on the industry so we could bring in more conversations, more hearings about the industry, and get the job done faster," Republican Senator Tim Scott said Wednesday at the Wyoming Blockchain Symposium. It is reported that Scott has been friendly to the cryptocurrency industry, and he is currently the top Republican on the committee led by Democratic-Ohio Senator Sherrod Brown. If Republicans have a majority in the now Democratic-controlled Senate in the upcoming election, Scott could lead the committee next year.