US Senator Cynthia Lummis, who has arguably been the crypto sector’s closest friend in Congress, will not seek another term, she said in a statement on Friday.
The first-term lawmaker will resign after her six-year term ends in January 2027, leaving an open Republican seat in extremely red Wyoming but also eliminating an important ally of the digital asset industry. Lummis has been the inaugural chair of the first subcommittee dedicated to crypto issues on the US Banking Committee, where she pushed for pro-cryptocurrency legislation as a top priority.
Even now, he is among the lead negotiators of the cryptocurrency market structure bill, which will bring members back to the negotiating table after the holidays. She will still be there in what could be a final push to achieve the industry’s top legislative goal in 2026.
“Deciding not to run for re-election represents a change of heart for me, but in the difficult and exhausting weeks of sessions this fall I have come to accept that I do not have six more years left,” Lummis said in the statement, released as the House left Washington for recess. She equated herself to a sprinter who has been running in a marathon. “The energy needed is not enough,” he said.
Time and time again, Lummis has introduced bills aimed at easing the path toward regulatory acceptance and government adoption of cryptocurrencies. These include broad market structure efforts, cryptocurrency tax proposals and legislation to establish government bitcoin reserves.
Although the 2026 midterm congressional elections will be a high-stakes political battleground with party majorities in both chambers at stake, the last time a Democrat held a Senate seat in Wyoming was in the 1970s. In Lummis’ 2020 campaign, he won nearly 73% of the vote.
“I am honored to have earned the support of President Trump and to have the opportunity to work side by side with him to fight for the people of Wyoming,” Lummis said in her statement. He said he “will devote all of my energy to bringing important legislation to his desk in 2026 and maintaining common-sense Republican control of the U.S. Senate.”
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