Cynthia Lummis
- WYWyoming
- Junior Senator
Cynthia Lummis (R)
WyomingJunior SenatorOffice:
127A Russell Senate Office Building Washington DC 20510
Memberships:
- Senate Committee on Banking, Housing, and Urban Affairs
- Senate Committee on Commerce, Science, and Transportation
- Senate Committee on Environment and Public Works
Terms:
- 2021 to 2027 - WY Senator
- 2015 to 2017 - WY District 0 Representative
- 2013 to 2015 - WY District 0 Representative
- 2011 to 2013 - WY District 0 Representative
- 2009 to 2011 - WY District 0 Representative
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Cynthia Lummis's Record on Bitcoin, Cryptocurrencies, and Blockchain
- 6/22/2023, 3:21:41 PM
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Washington, D.C. โ U.S. Sens. Cynthia Lummis (R-WY) and Kyrsten Sinema (D-AZ) launched the U.S. Senate Financial Innovation Caucus today, along with Sens. John Hickenlooper (D-CO), Tim Scott (R-SC), Marsha Blackburn (R-TN), Mike Braun (R-IN) and Bill Cassidy (R-LA). Co-Chairs Lummis and Sinema launched the caucus to highlight responsible innovation in the United States financial system, and how financial technologies can make markets more inclusive, safe and prosperous for all Americans. The caucus will serve as a space in the Senate to discuss domestic and global financial technology issues, and to launch legislation to empower innovators, protect consumers and guide regulators, while driving U.S. financial leadership on the international stage. The caucus will focus on a number of issues critical to the future of banking and U.S. competitiveness on the global stage, including: - Responsible financial innovation - Distributed ledger technology (blockchain) - Digital assets - Artificial intelligence and machine learning - Data management - Consumer protection - Combating money laundering - Faster payments - Central bank digital currencies - Promoting financial inclusion and opportunity for all
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Republican Sens. Pat Toomey (Pa.) and Cynthia Lummis (Wyo.) said an amendment to the infrastructure bill that would redefine who falls subject to cryptocurrency regulation requirements will be brought for a unanimous consent vote on Monday afternoon after a group of bipartisan senators and the Treasury Department came to an agreement. The amendment, which will be co-sponsored by Sens. Mark Warner (D-Va.), Rob Portman (R-Ohio) and Kyrsten Sinema (D-Ariz.), seeks to amend the definition of a โbrokerโ in the underlying infrastructure bill in a way that would keep software developers and transaction validators from being subject to the new reporting requirements.
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