Lummis & Gillibrand's Crypto Bill Faces White House Hurdles

Senator Cynthia Lummis faces challenges in crafting a new crypto bill, as the White House pushes back on her ethics provisions and seeks assurances about future appointments to financial commissions. Despite these hurdles, Lummis remains optimistic, expecting a working draft by the end of this week. The crypto industry grows impatient with ongoing closed-door discussions, with Lummis emphasizing the need for a concrete proposal.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.