U.S. Senator Cynthia Lummis hosted a roundtable on April 9 at the Wyoming State Capitol with Comptroller of the Currency Jonathan V. Gould and Governor Mark Gordon to discuss digital asset regulation, the dual banking system, and how bank supervision can support responsible financial innovation.
The event focused on Wyoming’s approach to regulating digital assets, which has gained attention for its thoughtful framework. This discussion comes as digital assets play an increasingly significant role in U.S. monetary policy and the global financial landscape.
Lummis said, “Wyoming has always led from the front on digital assets, and the work we did in Wyoming nearly a decade ago is the foundation for what we are doing now on the federal level. Wyoming has built the most thoughtful regulatory framework in the country for digital assets, and bringing Comptroller Gould here to see what we have accomplished firsthand is how we ensure federal policy reflects what is actually working on the ground.”
Gould said, “As the business of banking continues to evolve, it is critical that we engage with leaders at every level of government to ensure the safe and sound operation of our financial system—including the important role of digital asset technology. I appreciate Senator Lummis and Governor Gordon for facilitating this thoughtful discussion and for their strong commitment to the long-term vibrancy and competitiveness of our nation’s economy.”
Governor Gordon added, “Wyoming has worked deliberately to create a policy environment that supports innovation while maintaining high standards for safety, soundness, and consumer protection. Today’s discussion reflects the importance of continued coordination among policymakers, regulators and industry leaders as digital assets become an increasingly important part of U.S. monetary policy and the global financial landscape.”
Lummis grew up on a cattle ranch in Laramie County where she operated family ranches with her siblings according to her official website. She earned degrees in animal science, biology, and law from the University of Wyoming according to her official website. Over her career she dedicated years to public service in roles such as serving in both chambers of Wyoming’s legislature, state treasurer positions supporting state lands initiatives according to her official website, as well as representing Wyoming in both houses at state level before serving in Congress according to her official website.
Lummis also champions responsible federal budgeting practices alongside multiple-use public land stewardship policies according to her official website. She ran on platforms emphasizing energy resources vital for Wyoming’s economy; she previously served as a founding member of House Freedom Caucus during tenure representing state federally; personally raising daughter enjoying time with three grandsons according to her official website.
