U.S. Senator Cynthia Lummis will leave office after her term ends in 2027
Foresight News reported, according to The Block, that U.S. Senator Cynthia Lummis will not seek re-election, with her term ending in January 2027. She has long been involved in congressional-level crypto regulatory legislation and has worked with Kirsten Gillibrand to promote the establishment of a digital asset regulatory framework, clarifying the regulatory roles of agencies such as the SEC and CFTC. The related legislation is still being advanced in the Senate Banking Committee and Agriculture Committee, and will subsequently require a vote by the full Senate and coordination with the House version.
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