Pro-crypto Senator Lummis likely to chair potential crypto subcommittee

  • The Senate Banking Committee is allegedly planning a new subcommittee geared towards crypto, according to reporter Eleanor Terret. 
  • Pro-crypto Senator Lummis will likely head the new committee. 
  • Her nomination, alongside other committee members, will be decided via a vote.

In a post on Thursday, Fox Business reporter Eleanor Terret unveiled the Senate Banking Committee’s latest plan to kick off a new subcommittee committed to crypto, likely to be headed by Bitcoin strategic reserve advocate Senator Cynthia Lummis.

Plans set in place for crypto subcommittee at Senate level

The Senate Banking Committee, under the leadership of Senator Tim Scott, is alleged to have set plans to establish a new subcommittee…

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