Sen. Cynthia Lummis Will Not Seek Reelection in 2026

Sen. Cynthia Lummis announced she will not seek reelection next year, drawing praise from crypto leaders including David Sacks, a16z's Collin McCune, and Greg Xethalis, BlockBeats reports. Lummis chairs the Senate Banking digital assets subcommittee, proposed the "Bitcoin Strategic Reserve Act," and has criticized former SEC chair Gary Gensler.