The committee withdrew its proposal after community backlash, leaving competing plans to cut off its funding or preserve the existing grants system. 

The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit. 

Voters are choosing who will represent them in the House, Senate and state-wide seats. 

Stock futures and the dollar slid and Treasuries rallied as early U.S. midterm returns pointed to Democrats taking both chambers of Congress. 

The dominance of Republicans in all three government branches has been broken by the midterms, and the industry will feel the result as Congress changes hands.