Rep. Tom Emmer Named Vice Chair of Digital Assets Subcommittee
- Rep. Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence.
- The subcommittee’s jurisdiction includes digital assets, stablecoins, CBDCs, mobile banking, NFTs, and AI in finance.
- Emmer is a known advocate for cryptocurrency and opposes strict federal regulations on digital assets.
- He has proposed several bills for regulatory clarity, including the CBDC Anti-Surveillance State Act.
- The CBDC Anti-Surveillance State Act passed the House on May 23, 2024.
Rep. Tom Emmer’s appointment as vice chairman underscores his commitment to fostering an environment conducive to digital asset innovation while opposing strict federal regulations. His legislative efforts include the CBDC Anti-Surveillance State Act passed in May 2024.
