Latest Cynthia Lummis News

New crypto oversight legislation arrives as industry shakes

Aug. 03, 2022 17:32 PM EDT

WASHINGTON (AP) — After 13 years, at least three crashes, dozens of scams and Ponzi schemes and hundreds of billions of dollars made and evaporated, cryptocurrencies finally have the full attention of Congress, whose lawmakers and lobbyists have papered Capitol Hill with proposals on how to...

Senate OKs enhanced benefits for vets exposed to burn pits

Jun. 16, 2022 17:50 PM EDT

WASHINGTON (AP) — The Senate on Thursday approved a sweeping expansion of health care and disability benefits for Iraq and Afghanistan veterans in response to concerns about their exposure to toxic burn pits. Passage of the bill by a vote of 84-14 sets a course that could help...

Crypto meltdown is wake-up call for many, including Congress

Jun. 07, 2022 17:43 PM EDT

NEW YORK (AP) — Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair. Experienced crypto supporters, including one prominent billionaire, were left...

Amid crypto turmoil, senators propose sweeping oversight

Jun. 07, 2022 17:15 PM EDT

WASHINGTON (AP) — Wide-ranging bipartisan legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures. It’s unclear, though, whether the bill proposed by Sens. Kirsten Gillibrand, D-N.Y., and Cynthia...

Wyoming senator booed for sex identity remarks at graduation

May. 16, 2022 18:06 PM EDT

CHEYENNE, Wyo. (AP) — U.S. Sen. Cynthia Lummis apologized Monday after getting booed and heckled for remarks she made on sexual identity during a University of Wyoming graduation speech. A first-term Republican from deep-red Wyoming, Lummis said in Saturday's speech in Laramie that...

Crypto comes to Washington. Will the millions buy influence?

May. 12, 2022 13:13 PM EDT

WASHINGTON (AP) — Erin Houchin braced for the worst when a mysterious, well-financed group started buying television ads last month in her highly competitive southern Indiana congressional race. Houchin assumed she would face a negative blitz, like the one that crushed her in 2016...