Crypto laments Lummis retirement, key ally on Capitol Hill

Senator Cynthia Lummis, R-Wyo., listens during a panel titled ”Make the Greatest Economy in the World Work for All Americans” at the America First Policy Institute America First Agenda Summit in Washington, July 26, 2022.

Sarah Silbiger | Reuters

The cryptocurrency industry is mourning the loss of its fiercest advocate on Capitol Hill after Sen. Cynthia Lummis announced Friday she would not seek reelection. 

Lummis, R-Wyo., said last week that the “difficult, exhausting” final weeks of this year’s Congress led her to withdraw her reelection bid, saying she’s “come to accept that I do not have six more years in me.”

Lummis is chair of the Senate Banking Committee’s crypto subpanel and a reliable ally for the industry — helping muscle…

Source link