US Representative Tom Emmer was elected House Republican minority whip, keeping the party’s No. 2 leadership post as Democrats prepare to take control of Congress in January. He beat Representative August Pfluger 103–76 in a secret ballot, according to Politico, and will serve under incoming Minority Leader Jim Jordan.
Emmer has backed digital asset legislation, including bills on stablecoins and market structure. He also introduced a bill that seeks to clarify that blockchain developers and infrastructure providers who do not control customer funds are not money transmitters under federal law.
