Pro-Cryptocurrency Congressman Tom Emmer was chair of the House Subcommittee on Digital Assets, Fintech, and Artificial Intelligence. Emmer is known to be the majority leader of the U.S. House of Representatives, the congressman for Minnesota's sixth district, and the author of a bill to ban central bank digital currency ( CBDC ) in the US.
The politician said that with President Donald Trump, there is a great opportunity to ensure that Americans and American values determine the future of digital assets. He promised that he will use his position to make the industry as competitive as possible.
As for outgoing Gary Gensler, Tom Emmer spoke rather metaphorically, focusing on the insignificant political influence in Washington of the current chairman of the US Securities and Exchange Commission.
It is worth recalling that the elected US President Donald Trump appoints as officials mainly those politicians who are distinguished by their loyal and liberal views towards the cryptocurrency market.
As experts note, there are more and more people in the new White House administration and Congress who are seeking to improve the regulatory environment in the crypto industry.
