Leadership Changes Add Uncertainty to the Bill’s Future

[madtrader]

Complicating matters further, Wyoming Senator Cynthia Lummis — one of RFIA’s earliest and most vocal supporters — announced she will not seek reelection and will leave the Senate in 2027. Her departure could weaken long-term backing for the legislation within the Senate Banking Committee.

Still, Committee Chair Tim Scott has indicated plans to move forward with a markup vote soon, though no official hearing had appeared on the public calendar at last check. With ethics demands, election politics, and leadership turnover converging, the path forward for comprehensive U.S. crypto regulation remains uncertain.

[bonk]

lummis stepping out kinda feels like the wind leaving the sails for this bill, she was doing a lot of the heavy lifting