The GOP-appointed Fed chair, whose term expires in 2022, has Dem admirers in the Senate.
Move could boost returns by $2.5 billion over five years.
Crypto proponents argue current banking system is inefficient and exclusionary.
Democratic-led bill faces stiff opposition from Republicans.
Treasurer laments system’s decision, unhappy with detracting governor.
State’s attorney general says bill violates law, plans to sue when signed by governor.
Pension reform bill now goes to Illinois House, requires three-fifths majority vote.