🚨NEW: After a Senate Republican meeting on crypto market structure attended by White House Crypto Council Executive Director @patrickjwitt, @SenLummis told reporters negotiations around yield/rewards are making progress but remain “in a delicate state,” with the focus shifting from imminent legislative text to “who we need to be reaching out to.” “I think some major light bulbs were switched on during this meeting. So, there's a path forward that is not a path that I would have expected to encounter when I walked in the room,” said Lummis. Patrick Witt, who emerged from the meeting looking frustrated, had no comment on the meeting. @SenatorTimScott emerged, smiling as always, but declined to comment, noting he doesn’t speak to reporters in the hallways.

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