Lummis's words are quite direct: this session of Congress isn't going to pass legislation, developers will have to go bare until 2030.

Crypto.com Network reports that Wyoming Senator Cynthia Lummis warned on May 29 that the current Congress is the last chance to pass comprehensive digital asset legislation; if it fails, the next legislative window will open in 2030. She said that during this period, developers will face the risk of lacking legal protections, and law enforcement will also lack tools to hold parties accountable. Lummis noted that on May 14, the Senate Banking Committee advanced the “CLEAR Act” with a vote of 15 to 9, marking substantial progress in the ongoing debate over stablecoin yields. Despite this, a full Senate vote still faces challenges, especially as the 2026 midterm elections approach and time is tight. Lummis emphasized that the current political situation is difficult to sustain, and if the composition of Congress changes, the industry may have to start over.