The post Sen. Cynthia Lummis, Crypto’s Closest Ally In Congress, Says She Will Not Run For Re-Election ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. AdvertisementThe post Sen. Cynthia Lummis, Crypto’s Closest Ally In Congress, Says She Will Not Run For Re-Election ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement

Sen. Cynthia Lummis, Crypto’s Closest Ally In Congress, Says She Will Not Run For Re-Election ⋆ ZyCrypto

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Sen. Cynthia Lummis (R-WY), one of the crypto industry’s most vocal and powerful allies on Capitol Hill, announced Friday that she will not run for reelection when her term expires next year.

Lummis To Exit Senate After Her First Term

Cynthia Lummis was elected to a six-year term and took office in January 2021, swiftly proving herself to be a dedicated advocate for blockchain and Bitcoin causes, who later aligned with US President Donald Trump’s pro-crypto agenda. She will call it quits once her term ends in January 2027, removing a major ally for the crypto industry. 

“Deciding not to run for reelection does represent a change of heart for me, but in the difficult, exhausting session weeks this fall I’ve come to accept that I do not have six more years in me,” Lummis said in a statement. “I am a devout legislator, but I feel like a sprinter in a marathon. The energy required doesn’t match up.”

Lummis has been the inaugural chair of the first subcommittee committed to crypto matters at the U.S. Banking Committee, where she was instrumental to the passage of the GENIUS Act, a landmark stablecoin framework designed to protect consumers, support innovation, and reinforce the dollar’s global leadership.

Lummis has also collaborated with Sen. Kirsten Gillibrand on comprehensive legislation seeking to establish a regulatory framework for digital assets, including clarifying oversight responsibilities between agencies such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC).

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Additionally, Lummis has introduced a bill to cement President Donald Trump’s strategic Bitcoin reserve into law. The Bitcoin Act mandates the government to acquire up to 1 million in Bitcoin over five years to establish a federal strategic Bitcoin reserve that will help reduce the national debt of the United States.

Despite the planned departure, she is focused on bringing more bills to the president’s desk in 2026.

“I look forward to continuing this partnership and throwing all my energy into bringing important legislation to his desk in 2026 and into retaining commonsense Republican control of the U.S. Senate,” she posited.

Crypto advocates promptly reacted to the Wyoming Senator’s Friday announcement.

“Senator Lummis has been a leading champion for digital assets in Washington,” Ji Kim, CEO of the Crypto Council for Innovation, stated in a statement. “Her deep understanding and conviction have helped elevate digital assets policy and strengthen U.S. innovation and leadership.”

Source: https://zycrypto.com/sen-cynthia-lummis-cryptos-closest-ally-in-congress-says-she-will-not-run-for-re-election/

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