Crypto banking rule withdrawal by Fed ‘not real progress’ — Senator Lummis

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Cryptocurrency-friendly US Senator Cynthia Lummis has issued a warning about the Fed’s latest move, which appears positive. Continue Reading: Bitcoin-Friendly Senator Warns Against the FED’s Trap for Cryptocurrencies

Lummis Has More Than $1.5M So Far For 2026 Race

The first quarter financial reports for Congress are in and U.S. Sen. Cynthia Lummis is seeing the green. Lummis now has more than $1.5 million cash-on-hand heading into the 2026 election season between her main campaign committee and Steer political action committee. No one has announced that they plan to challenge Lummis. If someone does, they’ll likely need a significant war chest to have a… Source

Crypto banking rule withdrawal by Fed ‘not real progress’ — Senator Lummis

Senator Cynthia Lummis stated in an April 25 X post that the Fed's withdrawal of crypto guidance is “just noise, not real progress,” in contrast to the broader sentiment surrounding the Fed's recent decision.

Powell Eases Crypto Banking Rules, But Lawmakers Remain Skeptical

Both argue that the Fed’s moves amount to little more than lip service, rather than genuine regulatory reform. Their criticism comes after Trump reaffirmed Powell’s independence, quashing rumors that he might fire the Fed chief. However, critics claim Powell’s response to Trump’s January 23 executive order — aimed at promoting open banking access — has been half-hearted. According to a Federal Reserve Board update, supervisors have withdrawn spe…

Anti crypto bias persists, despite 'lip service'

The post Anti crypto bias persists, despite ‘lip service’ appeared on BitcoinEthereumNews.com. The Fed recently pulled back guidance warning banks about crypto risks. Senator Cynthia Lummis called it “lip service.” The Federal Reserve withdrew restrictive guidance on banks holding crypto assets, but not everyone is convinced that the regulator is taking a new direction. On Friday, April 25, pro-crypto Senator Cynthia Lummis blasted the Fed for w…

Senator Cynthia Lummis swears to hold the Fed accountable until crypto gets more than a ‘life jacket’

Senator Cynthia Lummis, the SBR evangelist, has said that she will continue to hold the Fed accountable until crypto is fully supported. This is in relation to the Fed’s withdrawal of crypto rules for banks, which has ended “Chokepoint” practices. According to reports, Lummis said that she will...