Senator Lummis to retire from Senate in 2027, focuses on crypto legislation as final legacy

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Senator Cynthia Lummis, who made history as the first chair of the Senate Banking Subcommittee on Digital Assets, said she will retire from public service at the end of her term on January 3, 2027, making crypto market structure legislation her final legacy in Congress.

Lummis announced her decision Friday and explained that it was driven by exhaustion, saying she did not feel she had the stamina for another six-year term.

“It’s an incredible honor to represent Wyoming in the U.S. Senate, and throughout my time here, Wyoming has been my one-and-only priority,” Lummis said in a message.

“Deciding not to run for reelection does represent a change of heart for me, but in the difficult, exhausting session weeks this fall I’ve come to accept that I do not have six more years in me. I am a devout legislator, but I feel like a sprinter in a marathon. The energy required doesn’t match up,” she added.

The decision marks the end of a short but meaningful chapter in public service. Lummis has left a lasting imprint through her advocacy for Bitcoin and her push to make the US a global hub for crypto innovation.

During her tenure, the Wyoming senator has introduced several Bitcoin-focused proposals, including the Bitcoin ACT, which mandates the US government to acquire up to 1 million Bitcoin over five years to create a federal strategic Bitcoin reserve.

She has also backed legislation to exempt crypto transactions under $300 from capital gains taxes, aiming to simplify digital asset taxation.