Senator Cynthia Lummis Appointed as Chair of the Digital Assets Subcommittee

Cynthia Lummis, a U.S. Senator friendly to virtual assets (cryptocurrency), announced on the 23rd (local time) via her X (formerly Twitter) that she is "honored to be appointed as the chair of the Digital Assets Subcommittee under the U.S. Senate Banking Committee." She shared the news of her appointment as the subcommittee chair.

Previously, Eleanor Terrett, a Fox Business reporter, stated, "The U.S. Senate Banking Committee is scheduled to vote on the appointment of Senator Cynthia Lummis as the chair of the Digital Assets Subcommittee at 10 a.m. Eastern Standard Time on the 23rd," adding, "It is unclear if any other announcements will be made."