U.S. Sen. Cynthia Lummis said she will not seek reelection in 2026, confirming that her first term in the Senate will be her last. The Wyoming Republican made theU.S. Sen. Cynthia Lummis said she will not seek reelection in 2026, confirming that her first term in the Senate will be her last. The Wyoming Republican made the

Cynthia Lummis to Exit Senate After Current Term, Leaves Open Wyoming Seat in 2026

U.S. Sen. Cynthia Lummis said she will not seek reelection in 2026, confirming that her first term in the Senate will be her last. The Wyoming Republican made the announcement publicly, signaling an open Senate race in a state that has long leaned Republican.

Lummis shared a brief message on X addressing voters directly. “Thank you, Wyoming! Serving our state has been the honor of my life,” she wrote. The post did not outline future plans, but it closed the door on another Senate campaign.

First elected in 2020, Lummis became Wyoming’s first woman in the U.S. Senate. She quickly gained national attention for her positions on fiscal policy and digital assets, turning a traditionally low profile seat into one closely watched by policy circles in Washington.

Decision shaped by Senate demands

Lummis said the decision followed reflection on the physical and time demands of serving in the Senate. She said another six year term would require a level of endurance she no longer wished to commit to, leading her to step aside rather than run again.

Despite the announcement, Lummis said she will serve out the remainder of her term through January 2027. She plans to remain active in legislative work and said she will support Republican efforts to retain the seat in the next election cycle.

Wyoming remains one of the most reliably Republican states in federal elections. As a result, political attention is expected to focus on the GOP primary rather than the general election. Potential successors have not yet formally entered the race.

Impact on crypto policy work

During her term, Lummis emerged as a leading Senate voice on cryptocurrency regulation. She consistently pushed for clearer rules for digital assets and argued that regulatory uncertainty was driving innovation outside the United States.

She co introduced the Responsible Financial Innovation Act alongside Sen. Kirsten Gillibrand, proposing a framework to define agency oversight of crypto markets. The bill became a foundation for later discussions, even as Congress struggled to reach consensus.

Lummis also backed proposals tied directly to Bitcoin, including legislation that explored the idea of a national Bitcoin reserve. While those efforts did not advance into law, they kept digital assets firmly on the Senate policy agenda.

Her departure removes one of crypto’s most visible supporters from the chamber. Lawmakers, industry groups, and regulators are now watching to see who will step into that role as Congress continues to debate digital asset legislation ahead of 2026.

Market Opportunity
OpenLedger Logo
OpenLedger Price(OPEN)
$0.17683
$0.17683$0.17683
+1.54%
USD
OpenLedger (OPEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement

OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement

PANews reported on September 17th that on-chain sleuth ZachXBT tweeted that OpenVPP ( $OVPP ) announced this week that it was collaborating with the US government to advance energy tokenization. SEC Commissioner Hester Peirce subsequently responded, stating that the company does not collaborate with or endorse any private crypto projects. The OpenVPP team subsequently hid the response. Several crypto influencers have participated in promoting the project, and the accounts involved have been questioned as typical influencer accounts.
Share
PANews2025/09/17 23:58
Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Share
Tronweekly2025/09/18 00:00