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U.S. Senator Lummis's term will end in January 2027, and she announced she will not seek re-election.
Deep Tide TechFlow News, December 20th, according to The Block, Republican Senator Cynthia Lummis of Wyoming announced she will not seek re-election, with her term ending in January 2027.
Lummis is a key advocate for cryptocurrency legislation in Congress, serving as chair of the Senate Banking Committee’s Digital Assets Subcommittee. She has worked closely with Democratic Senator Kirsten Gillibrand of New York to advance comprehensive legislation establishing a regulatory framework for digital assets, including clarifying the regulatory responsibilities of agencies such as the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Additionally, Lummis has promoted cryptocurrency tax reforms, including ending double taxation on miners and stakers, and proposing measures such as a $300 transaction tax exemption threshold. She also advocates for codifying former President Trump’s Bitcoin strategic reserve plan into law.
Although she has decided not to run again, Lummis stated she will focus on submitting important legislation to Trump in 2026 to continue advancing cryptocurrency-related bills.