JACKSON HOLE, Wyo. — U.S. Senator Cynthia Lummis (R-Wyo.) said that a final draft of crypto market structure legislation will be presented to U.S. President Donald Trump before Thanksgiving — notably, some time after Sen. Tim Scott's previous Sept. 30 deadline.

“We will have it on the President’s desk before Thanksgiving,” Lummis said during a conversation at the SALT conference in Jackson Hole, Wyoming on Wednesday. She previously said she expected legislation to be done by the end of 2025.

The Senate Banking Committee plans to have the bill passed by the end of September and anticipates the Senate Agriculture Committee, which oversees the Commodity Futures Trading Commission (CFTC) to have looked at it by the end of October, before it will be passed on to President Trump, she said.

“W

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