Categories: MarketsMenafn

Rep. Tom Emmer Appointed as Vice Chair of House Subcommittee on Digital Assets

Representative Tom Emmer, a Bitcoin advocate, has been appointed vice chairman of the House Subcommittee on Artificial Intelligence, Financial Technology, and Digital Assets.

The appointment was made following the 119th Congress’s subcommittee assignments, which show that Congress is becoming more interested in financial innovation and digital assets. In an X post on Wednesday, Emmer said he feels privileged to have been chosen.

Tom Emmer’s Stance on Trump’s Policy Agenda

The representative from Minnesota has been a vocal advocate for the cryptocurrency industry. In recent years, he has introduced multiple bills relevant to the industry, one of which sought to clarify the categorization of digital assets.

Even though the House Republicans have a small majority, Rep. Tom Emmer has stated his commitment to promoting President Donald Trump‘s policy agenda. He noted that the electorate desired Trump to handle important issues, such as the national debt, excessive government spending, and concerns about inflation that arose at the start of the Biden administration.

Like the public, Emmer is also confident of Trump’s leadership in protecting the southern border while encouraging world peace and stability.

Emmer Disapproves of Gary Gensler

Emmer further wrote that there is a big chance of using American principles to develop the digital asset industry. He explained that with President Trump in the White House and Gary Gensler leaving his position as the  Securities and Exchange Commission (SEC) Chairman, there is a fantastic 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 encouraging creativity. In a statement released on Tuesday, French Hill, the chairman of the Digital Assets Subcommittee, stated that the committee will endeavor to address issues adequately and develop a regulatory structure that balances safeguarding investors and innovation.

After former head Patrick McHenry retired, Hill was elected to chair the subcommittee in December.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

Forex Expo Dubai 2025 Conference to Feature 150+ Global FX and Fintech Leaders

Part of the region’s largest forex and fintech gathering, the two-day conference on 6–7 October…

22 hours ago

Zcash Surges on Privacy Bets

Zcash (ZEC) has erupted past key resistance levels this week, driven by surging derivatives flows…

2 days ago

Permute Surpasses $1M in Transaction Volume in One Month Since Launch

Bangalore, India, 2nd October 2025, ZEX PR WIRE, Permute, an accessible Bitcoin bridge platform, announced…

2 days ago

Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life

Milan, Italy, 2nd October 2025, ZEX PR WIRE, Codego Group recently disclosed that its Whitelabel…

2 days ago

QMMM SEC Trading Suspension After Crypto Pivot

The U.S. Securities and Exchange Commission has suspended trading in QMMM Holdings Ltd. after weeks…

3 days ago

From Broken Models to Aligned Trading: Afterprime’s Pay-to-Trade Shift

Brokers profit when clients lose — Afterprime 2.0 ends that conflict with the world’s first…

3 days ago