"Warren Secures Crypto Recusals in Biden Administration"

Former Rep. Sean Patrick Maloney has agreed to recuse himself from crypto issues and resign from private-sector advisory work if confirmed as President Biden's ambassador to the OECD, following concerns raised by Sen. Elizabeth Warren about his ties to Coinbase. Warren, who has been pushing for a regulatory crackdown on crypto, has been successful in securing ethics commitments from nominees in the Biden administration and has criticized the crypto industry for its revolving door practices with former lawmakers and national security officials.