Cynthia Lummis
Senators urge Treasury to include states in stablecoin oversight
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A bipartisan group of U.S. senators has called on the Treasury Department to create a clear process for states to demonstrate their ability to supervise stablecoins under the GENIUS Act.
U.S. Senator Cynthia Lummis of Wyoming has decided not to seek reelection in 2026, citing the exhausting demands of her role. The announcement comes amid criticism for delays in advancing cryptocurrency market structure bills supported by the Trump administration and House Republicans. Lummis plans to continue her work on digital asset policy through the end of her term.
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U.S. Senator Cynthia Lummis, a prominent advocate for cryptocurrency legislation, has decided not to run for another term after her current one ends in January 2027. The Wyoming Republican cited exhaustion from the demanding legislative sessions as a key reason for her retirement. Despite stepping away from re-election, she plans to focus on advancing key crypto bills in 2026.