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Press Release: Cynthia Lummis Endorses Open Banking Rule and Advocates for Digital Asset Access

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Senator Lummis supports the CFPB's open banking rule, emphasizing the importance of consumer data access in financial innovation.

Quiver AI Summary

Senator Lummis endorses open banking: Senator Cynthia Lummis (R-WY) has expressed her support for the Consumer Financial Protection Bureau's (CFPB) open banking rule in a letter. This rule is part of the Dodd-Frank Act and mandates consumer access to their financial data, allowing secure sharing with third-party services.

Concerns about bank power: Lummis cautions that without these regulations, major banks might limit access to digital asset platforms based on political considerations. She argues that empowering institutions to restrict access could hinder innovation in financial technology and push entrepreneurs abroad.

Full letter available: A complete copy of Lummis's letter can be found online, highlighting her stance against bank suppression of emerging financial innovations.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Cynthia M. Lummis Net Worth

Quiver Quantitative estimates that Cynthia M. Lummis is worth $15.5M, as of October 22nd, 2025. This is the 84th highest net worth in Congress, per our live estimates.

Lummis has approximately $8.8K invested in publicly traded assets which Quiver is able to track live.

You can track Cynthia M. Lummis's net worth on Quiver Quantitative's politician page for Lummis.

Cynthia M. Lummis Bill Proposals

Here are some bills which have recently been proposed by Cynthia M. Lummis:

  • S.3007: A bill to prohibit the enforcement of laws relating to the installation, certification, and maintenance of emissions control devices under the Clean Air Act, and for other purposes.
  • S.2991: A bill to amend title 49, United States Code, with respect to the requirement to test drivers of commercial motor vehicles for English proficiency, and for other purposes.
  • S.2952: $2.50 for America’s 250th Act
  • S.2579: Endangered Species Recovery Act of 2025
  • S.2471: 21st Century Mortgage Act of 2025
  • S.2428: STUDENT Act

You can track bills proposed by Cynthia M. Lummis on Quiver Quantitative's politician page for Lummis.

Cynthia M. Lummis Fundraising

Cynthia M. Lummis recently disclosed $318.1K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 302nd most from all Q3 reports we have seen this year. 26.1% came from individual donors.

Lummis disclosed $116.4K of spending. This was the 522nd most from all Q3 reports we have seen from politicians so far this year.

Lummis disclosed $1.6M of cash on hand at the end of the filing period. This was the 226th most from all Q3 reports we have seen this year.

You can see the disclosure here, or track Cynthia M. Lummis's fundraising on Quiver Quantitative.

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