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Sen. Cynthia Lummis (R‑WY) confirmed on CNBC that the White House is “pushing for multiple crypto bills in 2025,” including stablecoin and market‑structure legislation apnews.com+10x.com+10youtube.com+10. She emphasized strong “enthusiasm at the White House” to get these bills across the finish line this year politico.com.
🏛️ Other reporting on the same topic:
1. Stablecoin regulation — the GENIUS Act
The U.S. Senate passed the GENIUS Act on June 17, which sets up federal guardrails and consumer protections for stablecoins in a 68–30 bipartisan vote, now heading to the House apnews.com.
Lummis, a co-sponsor of the bill, voiced her support and said the White House is backing its passage before Congress adjourns for summer axios.com+9x.com+9apnews.com+9.
Axios reports ongoing “last‑ditch” negotiations in the Senate to preserve bipartisan backing amid concerns over presidential conflict‑of‑interest provisions axios.com.
Time notes several Democrats, including Sen. Elizabeth Warren, now oppose the GENIUS Act due to conflict‑of‑interest and AML/security concerns apnews.com.
2. Market structure reform
Lummis and Sen. Tim Scott have teamed up on a broader crypto market‑structure bill to clarify regulatory oversight and bring stability to the crypto markets en.wikipedia.org+12youtube.com+12investors.com+12.
Punchbowl News highlights Hill’s push for a two‑pronged legislative package—stablecoins and market structure—though some senators warn combining both could slow progress .
3. Legislative and administrative momentum
Reuters and Politico describe this effort as part of a “crypto era” in Congress, spurred by Trump’s cryptocurrency working group, new digital‑asset subcommittees, and executive action to build a strategic bitcoin reserve en.wikipedia.org+1investors.com+1.
🔍 Summary of Key Developments
InitiativeStatus & OutlookGENIUS Act (Stablecoin Regulation)Senate approved (68–30); House consideration pending; White House supportive but Democrats concerned about conflicts of interest.Market Structure BillSponsored by Lummis & Scott; bipartisan interest but Senate cautious about complexity.Strategic Bitcoin Reserve & Executive ActionTrump administration has launched initiatives (e.g. Digital Asset Working Group); Lummis introduced companion legislation.
✅ Takeaway
Yes—the White House, Congress, and industry insiders confirm a coordinated push to pass multiple crypto bills in 2025, with the GENIUS Act already making significant progress in the Senate and market‑structure legislation in parallel. Lummis’ comments align with broad bipartisan momentum, even as negotiations continue around institutional concerns and conflict‑of‑interest issues.