Pro-crypto representative Rep. Tom Emmer (R-MN) has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence.  ,
As part of the House Financial Services Committee’s committee tasks for the 119th Congress, Committee Chairman French Hill announced the appointment.
We have an excellent chance to ensure that the future of electronic goods is guided by Americans, with American principles, with President Trump in the White House and Gary Gensler confined to the waste bucket of Washington, Emmer wrote on X on Tuesday.
Emmer’s interview suggests that as President-elect Donald Trump enters a new era of bitcoin leadership, regulation and innovation will become more important.
Established in 2023, the Digital Assets Subcommittee oversees the development of cryptocurrencies, economic solutions, and AI in financial companies.
Our Committee may work together to create a regulatory framework that upholds America’s reputation as a leader in innovation while upholding consumers and investors, right-sizing the regulatory framework, including for community banks, and holding our organizations responsible for their legally mandated responsibilities. “, Chairman Hill stated in the news.
Emmer, one of the blockchain company’s staunchest defenders, has frequently criticized governmental agencies for their perceived animosity toward bitcoin.  ,
The Republican has even criticized Gary Gensler, the president of the Securities and Exchange Commission, frequently, and has accused him of overreaching in his own industry.
Emmer has even spearheaded the CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a Central Bank Digital Currency without the consent of Congress.
Pro-Crypto Administration Claims
Within hours of taking business on January 20, Trump is anticipated to enact a significant crypto-related executive order, with executives hinting at further measures in the pipeline, according to sources told
Emmer himself has backed the necessity of crypto policy, citing growing republican support for development in the area.
” It’s hardly a matter of ‘ if,’ but ‘ when.,'” he told at the Messari Mainnet meeting in October 2024. Regardless of who is in charge,” Digital property legislation will advance.”
He outlined his vision for a Republican-led authorities in 2025, prioritizing business structure structures like FIT21, limits on CBDCs, and promoting global dollar-backed cryptocurrencies.  ,
With Emmer’s visit as the evil head, the administration’s did to create a supportive atmosphere for the crypto industry becomes more obvious.
Daily Debrief Newsletter
Start every day with the best news stories right now, plus unique characteristics, a audio, video and more.