Rep. Tom Emmer appointed Vice Chairman of the Digital Assets Subcommittee, pledging U.S.-led innovation


Pro-crypto Congressman Tom Emmer (R-MN) has been appointed Vice Chairman of the House Subcommittee on Digital Assets, FinTech, and Artificial Intelligence.

Committee Chairman French Hill announced the appointment as part of the assignments of a subcommittee of the House Financial Services Committee for the 119th Congress.

“With President Trump in the White House and Gary Gensler trapped in the trash can in Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans, with American values,” Emer said. books On the tenth of Tuesday.

Emmer's appointment signals an intensification of digital asset regulation and innovation as the United States enters a new era of cryptocurrency leadership under President-elect Donald Trump.

Established in 2023, the Digital Assets Subcommittee oversees the development of cryptocurrencies, financial technologies and artificial intelligence in financial services.

“Together, our committee will work to craft a regulatory framework that maintains America as a leader in innovation while protecting consumers and investors, right-size the regulatory system, including for community banks, and ensure our agencies are accountable for their legally-guided missions.” President Hill stated in advertisement.

Emmer, one of the cryptocurrency industry's staunchest advocates, has repeatedly criticized federal agencies for their apparent hostility toward cryptocurrencies.

The Republican has also been an outspoken critic of SEC Chairman Gary Gensler, accusing him of regulatory overreach over the years.

Emer has also He drove The state's central bank digital currency (CBDC) anti-surveillance law to prevent the Federal Reserve from issuing central bank digital currency without congressional approval.

Pro-crypto administration promises

Trump is expected He will issue a major cryptocurrency-related executive order within hours of taking office on January 20, sources said, with insiders pointing to broader reforms in the pipeline. Decryption.

Emmer himself has expressed confidence in the inevitability of cryptocurrency legislation, regardless of the political situation, citing growing bipartisan support for innovation in this area.

“It's not a question of 'if', but of 'when.'” He said Decryption At the Messari Mainnet Conference in October 2024. “Digital asset legislation will move forward regardless of who is in charge.”

He outlined his vision for a Republican-led government in 2025, prioritizing market structure frameworks such as FIT21, restrictions on central bank digital currencies, and the promotion of global dollar-backed stablecoins.

With Emmer's appointment as Vice President, management's will to create a supportive environment for the cryptocurrency industry has become even more evident.

Modified by Sebastian Sinclair

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