Tom Emmer's new appointment in Congress signifies a push to create an environment that fosters the growth of digital asset innovation under pro-technology, American-led principles.
The Future of Digital Assets: A Powerful New Direction From Congress
Congressman Tom Emmer, representing Minnesota, has been named Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The announcement was made this week by Congressman French Hill, Chairman of the House Financial Services Committee. Congressman Bryan Steil of Wisconsin will serve as the Chairman of the subcommittee.
Emmer took to the social media platform X on Tuesday to express his excitement for his new role. He emphasized the following:
"With President Trump in the White House, and Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans, with American values."
The lawmaker from Minnesota then expressed his intention to collaborate with Rep. French Hill, Chairman of the Financial Services Subcommittee on Digital Assets, Rep. Bryan Steil, Chairman of the House Administration Committee, and other colleagues "to create an environment where digital asset innovation can thrive."
Chairman Hill praised Emmer's dedication to advancing digital asset policy and highlighted their past collaboration on significant legislative endeavors. He stated:
"Majority Whip Emmer has been one of the leading voices in Congress on digital assets. We collaborated on the Anti-CBDC Surveillance Act in the 118th Congress and have worked closely together on a number of digital asset-related issues."
Emmer has been a prominent advocate for blockchain technology and the regulation of digital assets throughout his time in office. Currently serving his sixth term on the House Financial Services Committee, he has also co-chaired the Congressional Blockchain Caucus since 2018. Emmer has introduced several notable legislative measures, including the Securities Clarity Act and the Blockchain Regulatory Certainty Act. His 2021 CBDC Anti-Surveillance State Act solidified the Republican stance on central bank digital currencies, culminating in its passage in the House in 2024. As Majority Whip, Emmer has played a critical role in developing legislation on stablecoins and the market structure of digital assets, highlighting his influence in shaping U.S. financial technology policy.