U.S. Senator Cynthia Lummis hosted a roundtable discussion on Apr. 9 at the Wyoming State Capitol with Comptroller of the Currency Jonathan V. Gould and Governor Mark Gordon to address Wyoming’s regulatory approach to digital assets, the dual banking system, and how bank supervision can support responsible financial innovation.
The meeting brought together state and federal leaders to discuss policy coordination as digital assets become more prominent in U.S. monetary policy and the global financial system.
“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,” said Lummis. “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.” He added appreciation for Lummis and Gordon facilitating “this thoughtful discussion” while affirming their commitment to economic vibrancy.
Governor Gordon said, “Wyoming has worked deliberately to create a policy environment that supports innovation while maintaining high standards for safety, soundness, and consumer protection.” He emphasized ongoing coordination among policymakers as essential as digital assets grow in importance.
Lummis brings extensive experience from public service roles including positions in both chambers of Wyoming’s legislature, as state treasurer, service supporting state lands administration, as well as representing Wyoming in Congress according to her official website. She also championed responsible federal budgeting along with stewardship of public lands during her career according to her official website.
Raised on a cattle ranch in Laramie County where she worked alongside family members according to her official website, Lummis earned degrees in animal science, biology and law from the University of Wyoming according to her official website. In addition to legislative achievements related to energy resources according to her official website, she served as a founding member of Congress’s House Freedom Caucus while raising a daughter and spending time with three grandsons according to her official website.
