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Leadership Changes Add More Uncertainty
Pulse of the market
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Momentum behind the RFIA may also be affected by upcoming leadership changes. Cynthia Lummis, one of the bill’s strongest advocates, has announced she will not seek reelection and will leave the Senate in January 2027.
Meanwhile, Senate Banking Committee Chair Tim Scott said a markup is planned, though it has yet to appear on the public calendar — underscoring the uncertainty surrounding when, or if, the bill will move forward.
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“markup planned but not scheduled” is congress-speak for maybe someday
