{"id":170252,"date":"2021-02-04T04:34:29","date_gmt":"2021-02-04T01:34:29","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-touting-senator-lummis-appointed-to-banking-committee\/"},"modified":"2021-02-04T04:34:29","modified_gmt":"2021-02-04T01:34:29","slug":"bitcoin-touting-senator-lummis-appointed-to-banking-committee","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-touting-senator-lummis-appointed-to-banking-committee\/","title":{"rendered":"# Bitcoin-touting Senator Lummis appointed to Banking Committee"},"content":{"rendered":"

“# Bitcoin-touting Senator Lummis app<\/a>ointed to Banking Committee <\/strong>”
\n<\/p>\n

The most vocally pro-crypto Senator in the U.S. will join the committee responsible for the nation’s financial regulation.<\/p>\n

On Wednesday night, Senator Lummis’ team told Cointelegraph that Lummis had received her committee assignments for the 117th congress.<\/p>\n

The freshman republican from Wyoming will take her place at three committees: banking, environment, and commerce. The Banking Committee is the Senate’s front line for financial legislation and has hosted hearings with Facebook<\/a>’s leadership over the Libra stablecoin, as well as, more recently, prospects for a digital dollar.<\/p>\n

In a press announcement, Lummis noted her intention of using the appointment to the banking committee to advance digital asset legislation.<\/p>\n

“Wyoming has been leading the way on financial innovation over the last several years. Through my role on the Banking Committee, I hope to shine a light on many of these pioneering efforts and work with federal regulators to ensure that regulation of digital assets are structured to encourage innovation, instead of stifling it.\u201d<\/p><\/blockquote>\n

Lummis, who joined the Senate as of last month, is vocally pro-crypto. In a recent appearance on Anthony Pompliano’s podcast, she expressed her intention to launch a Financial Innovation Caucus.\u00a0<\/p>\n

While the House of Representatives, especially the Financial Services Committee, has long featured many members interested in cryptocurrencies and even a Blockchain Caucus, Lummis is the first Senator to be so publicly engaged in the industry.<\/p>\n