Lummis says Democrats seek more changes to 114-concession crypto bill

  • Cynthia Lummis said Democrats continue seeking changes to the compromise crypto market structure bill.
  • Negotiators made 114 individual policy concessions to Democrats, Lummis said.
  • Lummis was unsure whether Tuesday’s vote could obtain the required 60 votes.

U.S. Senator Cynthia Lummis said Democrats remain dissatisfied with the final compromise version of the crypto market structure bill circulated by Senate Republicans last weekend and are seeking further changes. Lummis said negotiations had already produced 114 individual policy concessions to Democrats, including a provision restricting government officials’ personal commercial relationships with the crypto industry, primarily targeting President Trump. She said she was surprised Trump agreed to a second round of changes to ethical restrictions applying to himself and other officials. Lummis was uncertain whether Tuesday’s vote would secure the at least 60 votes needed to advance the bill.

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