Rep. Tom Emmer has been appointed Vice Chairman of the House Subcommittee on Digital Assets – CryptoMode
Actor Tom Emmer, a Bitcoin advocate, has been appointed Vice Chairman of the House Subcommittee on Artificial Intelligence, FinTech, and Digital Assets.
The appointment follows the assignments of the 119th Congressional Subcommittee, which shows that Congress is becoming more interested in financial innovation and digital assets. in Share X Emmer said Wednesday he feels honored to have been selected.
Tom Emmer’s position on Trump’s policy agenda
The representative from Minnesota has been a strong advocate for the cryptocurrency industry. In recent years, he has introduced several industry-related bills, one of which sought to clarify the classification of digital assets.
Although Republicans in the House of Representatives have a small majority, Representative Tom Emmer declared his commitment to promoting the president Donald TrumpPolicy agenda. He noted that voters want Trump to address important issues, such as the national debt, excessive government spending and concerns about inflation that arose at the beginning of the Biden administration.
Like the public, Emmer is also confident in Trump’s leadership in protecting the southern border while encouraging global peace and stability.
Emer disapproves of Gary Gensler
Emmer also wrote that there is a great opportunity to use US principles to develop the digital assets industry. He explained that with President Trump in the White House and Gary Gensler leaving his position Securities and Exchange Commission (SEC) Mr. President, there is a great opportunity to ensure that Americans and American values drive the future of digital assets.
Tom Emmer has repeatedly argued against Gensler’s “regulation by enforcement” strategy for the cryptocurrency sector, seeking more open rules and an environment that encourages creativity. In a statement issued on Tuesday, French Hill, Chairman of the Board of Directors, said: Subcommittee on Digital AssetsHe stated that the committee will seek to address the issues appropriately and develop a regulatory structure that balances investor protection and innovation.
Following the retirement of former Chairman Patrick McHenry, Hill was elected to chair the subcommittee in December.
