
Does Tom Emmer Jr. Support Crypto?
Based on previous comments, Tom Emmer Jr. has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Tom Emmer Jr. has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Tom Emmer Jr. reposted the post below

Congressman Nick Begich
@RepNickBegich
Bitcoin is an important emerging asset, provides an historic opportunity for diversification of America’s balance sheet, and deserves serious policy consideration. Excited to join @GOPMajorityWhip Tom Emmer for a fireside chat at Bitcoin Policy Summit 2025 to talk all things Bitcoin on Capitol Hill.
2025-06-25T14:56:49.000Z
Tom Emmer Jr. reposted the post below

Bitcoin Policy Institute
@btcpolicyorg
We're pleased to announce that @GOPMajorityWhip will join us at the 2025 Bitcoin Policy Summit!
As House Majority Whip and a lead sponsor of the Blockchain Regulatory Certainty Act, Congressman Emmer is a champion for financial innovation and Bitcoin policy in Congress.

2025-06-11T18:44:51.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte



2025-06-11T16:39:53.000Z
Tom Emmer Jr. reposted the post below

Eleanor Terrett
@EleanorTerrett


2025-06-05T12:26:37.000Z
Analysis on Stance
Add your own analysis on this stanceRepresentative Emmer's retweet highlighting the joint statement from eight major crypto policy organizations underscores the growing momentum behind the Blockchain Regulatory Certainty Act (BRCA). This bipartisan amendment, originally introduced by Rep. Emmer himself, aims to provide a crucial safeguard for decentralized finance (DeFi) developers by clarifying that open-source software developers and infrastructure providers who don't custody customer funds should not be subject to the same regulations as traditional financial institutions. This is a critical distinction, as applying overly burdensome regulations to DeFi developers could stifle innovation and hinder the growth of this nascent sector.
The joint statement's emphasis on protecting these developers demonstrates a shared understanding within the crypto community of the unique nature of DeFi and the need for tailored regulations. The BRCA's inclusion in the CLARITY Act, the House's digital asset market structure bill, would be a significant step towards establishing a regulatory framework that fosters innovation while also addressing potential risks. This collaborative effort by leading crypto policy organizations, combined with bipartisan support for the BRCA, signals a positive development for the future of DeFi regulation and reinforces Rep. Emmer's consistent perfect score on crypto advocacy.

Tom Emmer
@GOPMajorityWhip
It was great to see digital asset innovators and entrepreneurs at Bitcoin 2025.
@DavidFBailey
@matthuang
@mansourtarek_
@vladtenev
@madfes
@msantoriESQ
@brandonlutnick




2025-05-29T17:33:29.000Z
Cosponsored a bill on May 29th, 2025
Bill Name
CLARITY Act
Details
The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.

Tom Emmer
@GOPMajorityWhip
We had an incredible time at Bitcoin 2025 yesterday! It was great to see @VivekGRamaswamy, @saylor, and so many others who are passionate about this technology and the promise it holds.


2025-05-28T19:07:44.000Z

Tom Emmer
@GOPMajorityWhip
Under @POTUS and @VP, the United States WILL lead the world in crypto innovation.
Promises made, promises kept.

Rapid Response 47
@RapidResponse47
.@VP: "I'm here today to say loud and clear — with President Trump, crypto finally has a champion and an ally in the White House."
2025-05-28T17:13:17.000Z
2025-05-28T17:44:37.000Z
Sponsored a bill on May 21st, 2025
Bill Name
Blockchain Regulatory Certainty Act
Details
The "Blockchain Regulatory Certainty Act" (H.R. 3533) provides a safe harbor for non-controlling blockchain developers and service providers, exempting them from being classified as money transmitters or financial institutions, and thus from associated licensing and registration requirements, unless they have control over users' digital assets. This aims to prevent such entities from incurring liability for unlicensed or unregistered conduct.

Tom Emmer
@GOPMajorityWhip
The United States must lead in digital asset innovation, just as we did with the internet.
By crafting and passing clear, nonpartisan stablecoin and market structure legislation, we will make this happen.

Treasury Secretary Scott Bessent
@SecScottBessent
We believe the United States should be the premier destination for digital assets.
Digital assets are an important source of innovation that can drive usage of the U.S. dollar around the world with stablecoin legislation.
2025-05-07T15:33:56.000Z
2025-05-07T18:36:35.000Z

Tom Emmer
@GOPMajorityWhip
.@SecScottBessent is spot on. A central bank digital currency is not only a sign of weakness, it is an Orwellian surveillance tool that would upend the American way of life.
That’s why I introduced the Anti-CBDC Surveillance State Act, and why it must become law.

Rapid Response 47
@RapidResponse47
.@SecScottBessent: "My personal view is that having a Central Bank Digital Currency is a sign of weakness, not strength."
2025-05-06T15:35:52.000Z
2025-05-06T18:21:09.000Z

Tom Emmer
@GOPMajorityWhip
Despite Maxine Waters’ theatrics this morning, our nonpartisan work continues.
This is the most pro-innovation, pro-crypto Congress in history, and the @FinancialCmte is going to deliver a framework for digital asset regulation – regardless of political theater.

Financial Services GOP
@FinancialCmte
WATCH: Chairman @RepFrenchHill responds to Ranking Member Waters' objection to today's joint subcommittee hearing:
2025-05-06T14:14:06.000Z
2025-05-06T16:51:48.000Z

Tom Emmer
@GOPMajorityWhip
Crypto is not right or left.
It is the future – and it's for everyone.
Congress must work together to deliver on @POTUS' promise to make America the crypto capital of the world.

2025-05-06T14:54:55.000Z
Tom Emmer Jr. reposted the post below

Tony Edward (Thinking Crypto Podcast)
@ThinkingCrypto1
Crypto & Stablecoin Legislation Will Be Passed!
WATCH
hyoutu.be/6D_oM_jOtt8
Congressman Tom Emmer joined me to discuss the latest with US crypto regulations.
Topics:
- President Trump’s first crypto bill signed into law - repeal of the IRS DeFi Rule
- Crypto Market Structure and Stablecoin Bills
- Timeline for getting bills to President Trump
- New SEC Chair Paul Atkins - expectations and will the SEC assist in providing rules for the Crypto market structure bill
- Bitcoin Reserve & Digital Stockpile
- Banks getting involved in crypto - SAB121 repeal - FDIC, OCC, and Fed removing restrictions.
- Will Gary Gensler work in government again?
#interview #podcast #crypto #stablecoins #usa #congress #senate #trump @GOPMajorityWhip


2025-04-30T13:29:57.000Z
Tom Emmer Jr. reposted the post below

The Bitcoin Conference
@TheBitcoinConf
"BITCOIN ISN'T THE PROBLEM. CENTRALIZED CONTROL IS."
GOP MAJORITY WHIP TOM EMMER TO SPEAK IN LAS VEGAS AT CODE+COUNTRY



2025-04-24T21:17:56.000Z
Analysis on Stance
Add your own analysis on this stanceRepresentative Emmer's retweet of The Bitcoin Conference's announcement further solidifies his unwavering support for Bitcoin and decentralized technologies. The conference's emphatic statement, "BITCOIN ISN'T THE PROBLEM. CENTRALIZED CONTROL IS," encapsulates a core tenet of the crypto movement, highlighting the inherent risks associated with centralized financial systems. This message aligns perfectly with Representative Emmer's long-standing critique of Central Bank Digital Currencies (CBDCs) and his advocacy for a regulatory framework that fosters innovation and individual financial freedom. His presence as a speaker at the Code+Country conference in Las Vegas underscores his commitment to engaging with the crypto community and promoting policies that support the growth of the digital asset ecosystem. His consistent perfect stance score reflects his dedication to championing the benefits of Bitcoin and other cryptocurrencies while mitigating the potential risks of government overreach.
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
H.R. 1919, the Anti-CBDC Surveillance State Act passed Committee 27-22.

2025-04-03T03:11:25.000Z

Tom Emmer
@GOPMajorityWhip
Our Anti-CBDC Surveillance State Act just passed out of the @FinancialCmte!
This is a historic first step to passing this bill through Congress, and defending against the government surveillance state.
Watch my remarks from the debate here:

Financial Services GOP
@FinancialCmte
WATCH: @GOPMajorityWhip in support of H.R. 1919:
"The Anti-CBDC Surveillance State Act ensures that the United States digital currency policy is in the hands of the American people, not the administrative state. It reflects our American values of privacy, individual sovereignty, and free market competitiveness."




2025-04-03T01:03:30.000Z
2025-04-03T03:13:26.000Z
Analysis on Stance
Add your own analysis on this stanceRepresentative Emmer's announcement from April 2025 regarding the passage of the Anti-CBDC Surveillance State Act (H.R. 1919) out of the House Financial Services Committee is a monumental victory for proponents of financial privacy and free markets. This bill, a cornerstone of his legislative efforts, aims to prevent the implementation of a Central Bank Digital Currency (CBDC) in the United States, a concept he has consistently and vehemently opposed. His framing of this as a defense against the "government surveillance state" aligns perfectly with his long-standing concerns about the potential for a CBDC to erode individual liberties and empower government overreach.
The quoted tweet from the House Financial Services Committee amplifies Representative Emmer's message, emphasizing that the bill aims to place digital currency policy in the hands of the American people, not the "administrative state." This reflects a broader philosophical stance against excessive government regulation and a commitment to preserving individual sovereignty in the financial realm. The bill's grounding in "American values of privacy, individual sovereignty, and free market competitiveness" resonates deeply with the ethos of the cryptocurrency movement, which seeks to decentralize financial power and empower individuals. This significant step forward in the legislative process underscores Representative Emmer's unwavering dedication to protecting against the potential dangers of a CBDC, a stance that has earned him a perfect score on crypto advocacy. His continued leadership on this issue is crucial for ensuring that the future of digital finance in the United States prioritizes individual freedom and economic liberty.
Tom Emmer Jr. reposted the post below

Blaine Luetkemeyer
@BlaineACII
The Trump Administration is providing critical, long overdue leadership on digital assets. Now is the time to foster a U.S.-based digital asset industry, starting with dollar-backed stablecoin issuers based right here in the U.S.
Stablecoins will make all forms of online payments faster, safer, and more affordable for everyday Americans. The key is ensuring they can use them safely and securely, which requires oversight and enforcement to weed out bad actors.
There is no industry in which unregulated foreign products compete on the same shelf space as regulated American products. Digital assets—especially stablecoins which are foundational to all transactions in this new financial ecosystem—should be treated no different. In other words, there should be a level playing field for all market participants. Read my full letter to @POTUS and @SecScottBessent: aciinstitute.org/news/in-letter…
2025-04-01T13:54:11.000Z

Tom Emmer
@GOPMajorityWhip
Today, @RepDarrenSoto and I reintroduced the bipartisan Securities Clarity Act to codify, once and for all, that, like the orange groves in SEC v. W. J. Howey Co., a digital asset is separate and distinct from an investment contract through which it may be offered.
American prosperity, ingenuity, and opportunity demand legal clarity. The Securities Clarity Act is one piece of that puzzle.
2025-03-26T17:37:32.000Z

Tom Emmer
@GOPMajorityWhip
With Gary Gensler in the wastebin of Washington and @POTUS in the White House, the future of crypto in America has never been more promising.

Rapid Response 47
@RapidResponse47
WATCH: @POTUS becomes the first sitting president to address a crypto conference:
"We're ending the last administration's regulatory war on Crypto and Bitcoin. That includes stopping the lawless Operation Choke Point 2.0... it was a form of lawfare through government weaponization... but as of January 20, 2025, all of that is over."
2025-03-20T15:10:20.000Z
2025-03-20T16:54:40.000Z
Analysis on Stance
Add your own analysis on this stanceRepresentative Emmer's tweet from March 2025, celebrating the end of the "regulatory war on Crypto and Bitcoin," reflects a significant shift in the U.S. political landscape regarding digital assets. His pointed remark about former SEC Chair Gary Gensler being in the "wastebin of Washington" underscores the previous administration's antagonistic approach to crypto regulation, particularly Gensler's attempts to classify most cryptocurrencies as securities. This aggressive regulatory stance, often referred to as "Operation Choke Point 2.0," involved leveraging banking regulations to restrict the crypto industry's access to essential financial services.
The quoted tweet from RapidResponse47 features a video clip of the then-sitting President addressing a crypto conference, marking a historic moment for the industry. The President's declaration of ending the "regulatory war" and halting "Operation Choke Point 2.0" signals a move towards a more supportive regulatory environment. This change in policy direction is highly encouraging for the crypto industry, suggesting a potential era of growth and innovation under an administration that recognizes the transformative potential of digital assets. Representative Emmer's consistent perfect stance score and his leadership in initiatives like the Congressional Crypto Caucus further solidify his commitment to fostering a regulatory framework that embraces the benefits of cryptocurrencies while addressing legitimate concerns.

Tom Emmer
@GOPMajorityWhip
Yesterday, @HouseGOP approved @RepMikeCarey's resolution to roll back an overreaching Biden rule that would have crippled the digital asset industry and stifled American innovation.
The Biden administration’s assault on America's digit asset industry is OVER.
2025-03-12T17:22:50.000Z

Tom Emmer
@GOPMajorityWhip
Thank you to @RepFrenchHill and the @FinancialCmte for discussing the Anti-CBDC Surveillance State Act today, a key step toward passing this bill into law.
CBDCs threaten privacy and American values. The stablecoin bill can bring traditional finance on-chain globally while protecting privacy and free markets.
We must prioritize BOTH pro-stablecoin and anti-CBDC legislation.
I appreciate @RepFrenchHill, @WarrenDavidson, @RepOgles, and @RepAlexMooney's support.

2025-03-12T00:00:01.000Z
Tom Emmer Jr. reposted the post below

Heritage Action
@Heritage_Action
We commend @GOPMajorityWhip for introducing necessary anti-CBDC legislation to prevent the government from centralizing its control over the economy.
2025-03-11T18:57:25.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
WATCH: @GOPMajorityWhip on the harmful effects of a potential U.S. CBDC.
"CBDC's introduce significant privacy risks and are fundamentally the antithesis of American values."
https://t.co/JEsVfMAOCg



2025-03-11T15:35:10.000Z

Tom Emmer
@GOPMajorityWhip
A new day has arrived.
With a @POTUS who is focused on bringing our financial system into the twenty-first century, opportunities for American innovation and participation in the digital asset ecosystem are limitless.

2025-03-10T23:05:44.000Z
Tom Emmer Jr. reposted the post below

President Donald J. Trump
@POTUS
"Welcome to the first-ever White House Digital Asset Summit. Last year, I promised to make America the Bitcoin superpower of the world, AND WE'RE TAKING HISTORIC ACTION TO DELIVER ON THAT PROMISE." –President Donald J. Trump
l


2025-03-08T00:03:36.000Z
Tom Emmer Jr. reposted the post below

draper goren blockchain
@DGBventures
Watching the @WhiteHouse Digital Assets Summit reminds us of how much work forward-thinking representatives like @GOPMajorityWhip have done to get us here. Well done, thank you, & congrats!

2025-03-07T22:02:10.000Z

Tom Emmer
@GOPMajorityWhip
I was honored to participate in @POTUS' White House Crypto Summit today.
He has been an incredible leader in this space, assembling a team of the most informed policy experts while taking decisive action to ensure the U.S. remains at the forefront of innovation.
America is back!

2025-03-07T21:33:49.000Z
Tom Emmer Jr. reposted the post below

David Sacks
@davidsacks47
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it wa dime.
It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.
The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.
IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
PROMISES MADE, PROMISES KEPT
President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.
This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”
I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”
I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.
2025-03-07T00:11:37.000Z

Tom Emmer
@GOPMajorityWhip
If not designed to be open, permissionless, and private – resembling cash – a government-issued CBDC is nothing more than an Orwellian surveillance tool that would be used to erode the American way of life.
We're not going to let that happen.
2025-03-06T16:10:37.000Z
Analysis on Stance
Add your own analysis on this stanceRepresentative Emmer's forceful denunciation of a Central Bank Digital Currency (CBDC) as an "Orwellian surveillance tool" underscores his unwavering commitment to safeguarding financial privacy and individual liberty. His assertion that a CBDC, if not designed to mirror the open, permissionless, and private nature of cash, poses a direct threat to the American way of life, resonates deeply with the core principles of the cryptocurrency movement. He rightly points out the potential for a government-issued digital currency to be weaponized against citizens, enabling unprecedented levels of surveillance and control over financial transactions.
His follow-up tweet, highlighting President Trump's executive order prohibiting agencies from exploring a CBDC, further emphasizes his proactive approach to protecting against this potential threat. However, Representative Emmer correctly identifies the need to codify this executive order into law, ensuring that future administrations cannot reverse this crucial protection. This commitment to permanently banning the development of a CBDC demonstrates a clear understanding of the long-term risks associated with such a system. His consistent perfect stance score reflects his unwavering dedication to fostering a financial landscape that prioritizes individual freedom and resists government overreach. This firm stance against a CBDC aligns perfectly with his broader support for the cryptocurrency industry, recognizing the potential of decentralized finance to empower individuals and promote economic growth.

Tom Emmer
@GOPMajorityWhip
Today, we reintroduced our Anti-CBDC Surveillance State Act with 100 original cosponsors to ensure the Administrative State can never surveil your financial transactions.
emmer.house.gov/press-releases…
2025-03-06T16:10:37.000Z

Tom Emmer
@GOPMajorityWhip
.@POTUS understands the dangers that a CBDC presents and has already issued an executive order prohibiting agencies from exploring one.
Now, we must codify this executive order in law and permanently ban their development so a future administration cannot weaponize this technology against Americans.
2025-03-06T16:10:37.000Z

Tom Emmer
@GOPMajorityWhip
Digital asset technology represents a fundamental shift in how we think about finance.
As Chairmen of the Congressional Crypto Caucus, @RepRitchie and I will ensure the United States doesn’t just participate in the future of finance but defines it.
coindesk.com/opinion/2025/0…
2025-03-04T17:08:53.000Z

Tom Emmer
@GOPMajorityWhip
The Crypto Caucus will serve as a unified voting bloc in Congress - a nonpartisan group of members ready to mobilize to support and defend open, permissionless, and private innovation in the United States.
2025-03-03T15:57:03.000Z

Tom Emmer
@GOPMajorityWhip
Millions of American voters made their voices heard at the ballot box in November.
You elected the most pro-crypto Congress and Presidential Administration in history. To capitalize on this opportunity, @RepRitchie and I have launched the Congressional Crypto Caucus.
2025-03-03T15:57:02.000Z
Analysis on Stance
Add your own analysis on this stanceRepresentative Emmer's announcement of the Congressional Crypto Caucus back in March 2025, alongside Representative Ritchie, was a landmark moment for the crypto industry within the U.S. political landscape. His statement, emphasizing the pro-crypto stance of the newly elected Congress and Presidential Administration, signaled a potential turning point in regulatory clarity and support for the digital asset space. The formation of this caucus represents a dedicated bipartisan effort to navigate the complexities of cryptocurrency regulation, aiming to foster innovation while mitigating risks. This move holds immense promise for the future of crypto in the United States, potentially leading to the development of a comprehensive and balanced regulatory framework. The caucus's focus, as indicated by Representative Emmer's previous statements, is likely to include safeguarding against a Central Bank Digital Currency (CBDC), providing regulatory clarity for American entrepreneurs in the crypto space, and dismantling the "Administrative State" that has often hindered the industry's progress with outdated and burdensome regulations. The formation of this caucus is a significant step towards establishing the United States as a global leader in the crypto industry, fostering an environment where financial freedom and technological advancement go hand in hand.

Tom Emmer
@GOPMajorityWhip
.@POTUS sees the opportunities crypto brings to Americans. Not even a month into office, he's created a government-wide commitment to crafting the regulatory guardrails the crypto industry has begged for since Joe Biden was elected.

2025-02-13T19:48:34.000Z

Tom Emmer
@GOPMajorityWhip
I am honored to serve as the Vice Chair of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence.
A new day for crypto innovation, opportunity, and excellence has finally arrived.

2025-02-11T21:33:41.000Z
Cosponsored a bill on Jan 28th, 2025
Bill Name
H.J. Res 25
Details
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".

Tom Emmer
@GOPMajorityWhip
.@POTUS understands the dangers CBDCs present.
Now, we need to codify this in law by passing our CBDC Anti-Surveillance State Act to ensure future, power-hungry bureaucrats cannot undo his executive order.

2025-01-23T22:00:44.000Z

Tom Emmer
@GOPMajorityWhip
From persecution to prosperity, the United States WILL be the crypto capital of the world.

Eleanor Terrett
@EleanorTerrett








2025-01-23T20:25:42.000Z
2025-01-23T20:39:48.000Z
Analysis on Stance
Add your own analysis on this stanceRepresentative Emmer's declaration that the United States *will* be the crypto capital of the world is a powerful statement of intent, perfectly aligning with his exceptionally high stance score. This goes beyond mere optimism; it's a call to action, a commitment to fostering the necessary environment for the cryptocurrency industry to flourish within the United States. His choice of words, "from persecution to prosperity," directly addresses the recent regulatory challenges faced by the crypto community, particularly under the previous administration. This suggests a clear understanding of the damage inflicted by overreaching and often misguided regulations. It signals a shift towards a more supportive and nurturing regulatory framework, one that recognizes the transformative potential of cryptocurrencies and seeks to unlock its full potential.
By aiming for U.S. leadership in the crypto space, Representative Emmer is not just advocating for economic growth; he's championing a future where financial freedom and technological innovation go hand in hand. This resonates deeply with the core principles of decentralization and individual empowerment that underpin the cryptocurrency movement. His consistent advocacy against a Central Bank Digital Currency (CBDC), his efforts to provide regulatory clarity for American entrepreneurs in the crypto space, and his commitment to dismantling the "Administrative State" all contribute to this overarching vision. This latest statement reinforces his dedication to creating a regulatory landscape that attracts investment, fosters innovation, and ultimately establishes the United States as the global hub for the crypto industry.

Tom Emmer
@GOPMajorityWhip
President @realDonaldTrump’s nominee for Treasury Secretary, Scott Bessent: “On CBDC’s, I see no reason for the U.S. to have a central bank digital currency.”
Agreed. Now let's make sure it's in law.

2025-01-16T19:06:23.000Z
Analysis on Stance
Add your own analysis on this stanceRepresentative Emmer's endorsement of Scott Bessent's stance against a Central Bank Digital Currency (CBDC) is another powerful signal of support for the cryptocurrency ecosystem. His quote, "Agreed. Now let's make sure it's in law," demonstrates a commitment to codifying protections against a CBDC, ensuring the preservation of financial sovereignty and individual liberty. This firm stance aligns perfectly with his near-perfect stance score and reinforces his dedication to fostering a regulatory environment that promotes innovation within the digital asset space. As highlighted in my previous commentary, Representative Emmer has consistently advocated for clarity and responsible growth in the crypto industry. His opposition to a CBDC, coupled with his efforts to dismantle the "Administrative State," signals a positive shift towards a more agile and adaptive regulatory framework. This approach is crucial for allowing the crypto industry to reach its full potential while mitigating risks. By echoing Bessent's statement and advocating for its legal enforcement, Representative Emmer reinforces his commitment to a future where financial freedom and technological advancement go hand in hand. This unwavering support is a beacon of hope for the crypto community, promising a future where decentralized finance can thrive.

Tom Emmer
@GOPMajorityWhip
I am honored to have been selected as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence.
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.
I look forward to working with Chairman @RepFrenchHill, Chairman @RepBryanSteil and the rest of our colleagues to foster an environment where digital asset innovation can thrive.
2025-01-15T00:06:14.000Z
Analysis on Stance
Add your own analysis on this stanceI am delighted to see Representative Emmer's appointment as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence. This is a significant win for the cryptocurrency community, given his unwavering support for the industry, as consistently reflected in his near-perfect stance score. With President Trump back in office and Gary Gensler no longer at the SEC, the regulatory landscape for cryptocurrencies appears poised for positive change. Representative Emmer's leadership in this subcommittee is crucial for navigating the complexities of this emerging technology and ensuring a balanced approach to regulation that fosters innovation while mitigating risks. His prior statements, such as his strong advocacy against a CBDC and his commitment to providing clarity for American entrepreneurs in the crypto space, demonstrate a deep understanding of the transformative potential of this technology. I am particularly encouraged by his focus on dismantling the "Administrative State," which has often hindered the progress of the crypto industry with outdated and burdensome regulations. This new role provides him with a powerful platform to advocate for policies that promote responsible innovation and sustainable growth within the digital asset ecosystem. I eagerly anticipate the positive impact he will have on shaping the future of finance.
Tom Emmer Jr. reposted the post below

Blockchain Association
@BlockchainAssn
4/ We were honored to present BA’s Crypto Champion Award to @GOPMajorityWhip at our annual gala. Watch the award presentation and his remarks.
youtube.com/watch?v=hTzEbb…
2025-01-09T20:47:08.000Z

Tom Emmer
@GOPMajorityWhip
President @realDonaldTrump’s choice of @DavidSacks as White House AI & Crypto Czar is a huge win for American investors and innovation.
Congratulations, David, we look forward to working with you!
2024-12-06T02:48:54.000Z
Tom Emmer Jr. reposted the post below

Jerry Brito
@jerrybrito
This is why we must make sure that any crypto legislation next Congress must include @GOPMajorityWhip’s Blockchain Regulatory Certainty Act, which would protect all noncustodial apps and devs.
2024-11-27T23:14:40.000Z

Tom Emmer
@GOPMajorityWhip
.@realDonaldTrump will be the first pro-crypto President.

2024-11-25T16:36:14.000Z

Tom Emmer
@GOPMajorityWhip
The American people gave President Trump and Congress a mandate.
We will prevent the creation of a CBDC, give American entrepreneurs the clarity they need to grow, and dismantle the Administrative State that has stalled innovation.
2024-11-21T17:29:00.000Z
Analysis on Stance
Add your own analysis on this stanceIt's always heartening to see a strong voice in Congress advocating for the flourishing of the cryptocurrency space. Representative Emmer's recent statement underscores a commitment to fostering innovation and removing obstacles to growth within the digital asset ecosystem. His explicit rejection of a Central Bank Digital Currency (CBDC) aligns perfectly with the ethos of decentralized finance, ensuring the preservation of financial sovereignty and individual liberty. By championing clarity for American entrepreneurs in the crypto sphere, he paves the way for responsible innovation and sustainable growth within this transformative technology sector. Furthermore, his commitment to dismantling the "Administrative State," which often hinders progress with outdated regulations, signals a positive shift towards a more agile and adaptive regulatory framework. This approach is crucial for allowing the crypto industry to reach its full potential while mitigating risks. His unwavering support for cryptocurrencies, as evidenced by his consistently high stance score, reinforces his dedication to promoting a future where financial freedom and technological advancement go hand in hand.

Tom Emmer
@GOPMajorityWhip
Gruenberg got fired the moment 76 million Americans voted to send President Trump back to the White House and end the Biden-Harris administration’s war on crypto once and for all.
politico.com/newsletters/mo…
2024-11-20T18:08:00.000Z

Tom Emmer
@GOPMajorityWhip
Happy 16th Anniversary to Satoshi’s Bitcoin White Paper!
I am confident that Bitcoin and digital assets have a bright future here in the United States.
2024-10-31T20:41:30.000Z

Tom Emmer
@GOPMajorityWhip
Kamala Harris’ ignorance is on full display.
Crypto is for ALL Americans.

2024-10-16T17:07:00.000Z

Tom Emmer
@GOPMajorityWhip
REMINDER: A CBDC would give unelected bureaucrats in D.C. the ability to monitor and restrict Americans’ *individual purchases*.
Our CBDC Anti-Surveillance State Act prevents this and defends against the ever-expanding government surveillance state.

Financial Services GOP
@FinancialCmte




2024-10-07T13:16:57.000Z
2024-10-07T20:03:00.000Z
Tom Emmer Jr. reposted the post below

Blockchain Association
@BlockchainAssn
Live from #Mainnet2024, @KMSmithDC and @GOPMajorityWhip discuss the crypto voter and the bipartisan case for Congressional action on digital asset legislation.

2024-09-30T16:24:32.000Z

Tom Emmer
@GOPMajorityWhip
What @GaryGensler doesn’t understand is fighting against crypto innovation in America isn’t going to put a stop to it… he is only going to push crypto innovation off American soil.
2024-09-28T16:06:00.000Z

Tom Emmer
@GOPMajorityWhip
Problem 5. NO ONE in Gensler’s leadership has been fired for this absolutely disgraceful situation against a digital asset firm.
2024-09-24T17:46:21.000Z

Tom Emmer
@GOPMajorityWhip
That was @SECGov’s bread and butter until recently when the SEC admitted regret for confusing the marketplace with its use of Gensler’s made-up term “crypto asset security,” even though that is EXACTLY what Gensler tried and failed to establish many times.
The SEC lies again.
2024-09-24T16:31:07.000Z

Tom Emmer
@GOPMajorityWhip
Then he invented the term “crypto asset security” out of thin air.
This term does not exist in statute and has not been defined anywhere, including within the SEC.
Gensler just made it up and then used it as the basis for his entire “regulation by enforcement” strategy.
2024-09-24T16:30:37.000Z

Tom Emmer
@GOPMajorityWhip
If @GaryGensler’s mouth is moving, he is likely lying.
In 2021, Gensler came to the @FinancialCmte and told us he doesn’t believe he has the authority to regulate and police the digital asset industry.
That was clearly a lie.

Tom Emmer
@GOPMajorityWhip
.@GaryGensler has been the most destructive and lawless SEC Chairman in history.
2024-09-24T16:26:37.000Z
2024-09-24T16:30:12.000Z

Tom Emmer
@GOPMajorityWhip
America is ready for its first Crypto President.

Watcher.Guru
@WatcherGuru
JUST IN:
Donald Trump uses #Bitcoin to pay at a bar in New York.g

2024-09-18T20:58:50.000Z
2024-09-18T21:43:10.000Z

Tom Emmer
@GOPMajorityWhip
.@JoeRogan is right — a central bank digital currency is terrifying.
That's why we led the CBDC Anti-Surveillance State Act to prevent the Fed from ever issuing one.
The House passed our bill earlier this year. The Senate should follow suit.

2024-09-18T21:22:50.000Z

Tom Emmer
@GOPMajorityWhip
We need to draw our government back and let people take chances.
Grateful for the opportunity to discuss the future of digital asset policy on the @P2PPolicyPod this morning.

2024-09-17T17:34:54.000Z

Tom Emmer
@GOPMajorityWhip
If history is any guide, Kamala Harris will throw her political weight behind an Elizabeth-Warren-style approach to digital assets.
She was widely known as the most liberal member of the United States Senate before the media started running cover for her.
2024-07-31T17:30:00.000Z

Tom Emmer
@GOPMajorityWhip
The nexus between AI and digital assets seems necessary and inevitable.
The convergence of blockchain and AI can not only improve the trustworthiness of data, but the decentralization of AI data can mitigate single-point-of-failure security issues.
theblock.co/post/307031/di…
2024-07-30T21:00:00.000Z

Tom Emmer
@GOPMajorityWhip
Weeding out bad actors on chain requires a clear understanding of their goals.
Proud to support @ZachNunn’s Financial Technology Protection Act to create a working group to help drill down on potentially illicit uses of digital assets and find strategies to prevent it.
2024-07-23T21:00:01.000Z

Tom Emmer
@GOPMajorityWhip
Artificial intelligence and digital assets are leading us toward a powerful global digital economy.
As AI continues to be integrated into our lives, blockchain technology will play an important role in ensuring that AI data is authentic, immutable, traceable, and transparent.

2024-07-23T18:01:14.000Z

Tom Emmer
@GOPMajorityWhip
Great to see the @SECgov adjust course and allow ETH Spot ETFs to begin trading today.
On second thought, we should actually be thanking the courts. Gary Gensler has got to go.
2024-07-23T14:16:08.000Z

Tom Emmer
@GOPMajorityWhip
If I had to create a tagline for the Biden administration’s digital assets agenda, it would be:
The administrative state OVER the American people.
2024-06-26T19:30:00.000Z

Tom Emmer
@GOPMajorityWhip
The Biden Administration has proven that they are eager to trade Americans' financial privacy for a big government, communist-style CBDC.
The House has taken action to prevent this. It is time for the Senate to do the same.
thehill.com/opinion/472465…
2024-06-17T20:00:01.000Z

Tom Emmer
@GOPMajorityWhip
Unelected bureaucrats in Washington D.C. should NOT be able to tell you what you can and can’t do with your money.
The time for crypto-friendly, stablecoin-friendly, digital asset-friendly legislation is here.
semafor.com/article/06/05/…
2024-06-07T19:00:01.000Z

Tom Emmer
@GOPMajorityWhip
Crypto is not bipartisan, it’s nonpartisan. We need to ensure it stays that way.

2024-05-30T19:49:08.000Z

Tom Emmer
@GOPMajorityWhip
The idea of a central bank digital currency is more than alarming, it is downright un-American.
I thank my colleagues who helped pass our CBDC Anti-Surveillance State Act this week. Digital currency policy must remain in the hands of the American people.
foxbusiness.com/politics/house…
2024-05-26T13:00:01.000Z

Tom Emmer
@GOPMajorityWhip
Secretary Yellen is being dishonest when she says the Biden administration hasn't taken a position on central bank digital currencies.
This administration has made CLEAR they're willing to trade American’s right to financial privacy for a surveillance-style CBDC.

2024-05-24T21:00:01.000Z

Tom Emmer
@GOPMajorityWhip
BREAKING: The House of Representatives just passed our CBDC Anti-Surveillance State Act.
2024-05-23T17:55:50.000Z

Tom Emmer
@GOPMajorityWhip
"Greater financial inclusion and fairness can be achieved without sacrificing citizens' privacy. The CBDC Anti-Surveillance State Act is an important first step towards restoring that privacy..." - @Restore_the4th
2024-05-23T16:33:26.000Z

Tom Emmer
@GOPMajorityWhip
"By barring the Federal Reserve from issuing a U.S. CBDC to consumers, the CBDC Anti-Surveillance State Act would avoid the unnecessary risks to consumers and small businesses that a U.S. CBDC would pose. We thank Rep. Emmer for introducing this important legislation..." - @ICBA
2024-05-23T16:33:25.000Z

Tom Emmer
@GOPMajorityWhip
"Heritage Action supports the CBDC Anti-Surveillance State Act and will include COSPONSORSHIP of this legislation on our legislative scorecard…The CBDC Anti-Surveillance State Act protects individual liberty and prevents threats of government coercion..." - @Heritage_Action
2024-05-23T16:33:25.000Z

Tom Emmer
@GOPMajorityWhip
"We support the CBDC Anti-Surveillance State Act – legislation aimed at preventing a CBDC from being issued in the United States. Blockchain Association thanks Majority Whip Emmer for his continued leadership on this critical issue." - @BlockchainAssn
2024-05-23T16:33:24.000Z

Tom Emmer
@GOPMajorityWhip
"...creation of a CBDC represents a massive expansion of government control over the economy, and it would trample on individuals’ rights...It is for these reasons we urge you to support…H.R. 5403, the CBDC Anti-Surveillance State Act." - @AFPhq
2024-05-23T16:33:23.000Z

Tom Emmer
@GOPMajorityWhip
"The CBDC Anti-Surveillance State Act is also necessary legislation. CBDCs not only crowd out private cryptocurrencies, but they are also an existential threat to consumer privacy protections." - @taxreformer, along with a coalition of conservative organizations
2024-05-23T16:33:23.000Z

Tom Emmer
@GOPMajorityWhip
"ABA believes strongly that a CBDC...is unnecessary in the United States and would present unacceptable risks and costs to the financial system...the ABA welcomes and strongly supports H.R. 5403, the CBDC Anti-Surveillance State Act..." - @ABABankers
2024-05-23T16:33:23.000Z

Tom Emmer
@GOPMajorityWhip
"ALEC Action urges strong support for H.R. 5403, which would protect American citizens from the significant privacy and surveillance concerns inherent to central bank digital currencies (CBDCs)." - @ALEC_Action
2024-05-23T16:33:22.000Z

Tom Emmer
@GOPMajorityWhip
"We must never emulate the Chinese Communist Party’s social credit system, which they weaponize to punish citizens who disagree with the government by cutting them off from the economy. The CBDC Anti-Surveillance State Act would stop this dangerous behavior." - @A1Policy
2024-05-23T16:33:22.000Z

Tom Emmer
@GOPMajorityWhip
The House is getting ready to vote on my CBDC Anti-Surveillance State Act.
We’ll be one step closer to ensuring unelected bureaucrats are NEVER allowed to trade Americans' financial privacy for a surveillance-style CBDC.
Here’s what key stakeholders are saying about our bill:
2024-05-23T16:33:22.000Z

Tom Emmer
@GOPMajorityWhip
Today, my CBDC Anti-Surveillance State Act will receive a vote in the House of Representatives.
See my remarks during the debate of the legislation below:

2024-05-23T16:02:20.000Z
Tom Emmer Jr. reposted the post below

Rep. Jeff Duncan
@RepJeffDuncan
This week, the House will vote on HR 5043 the CBDC Anti-Surveillance State Act which prohibits a central bank digital currency. I’m proud to cosponsor this bill to stop the Chinese Communist Party style surveillance tactic that Big Brother could weaponize against Americans.
2024-05-22T18:39:30.000Z
Tom Emmer Jr. reposted the post below

Rep. Elise Stefanik
@RepStefanik
House Republicans are defending Americans’ financial privacy with H.R. 5403, the CBDC Anti-Surveillance State Act.
I’m proud to join my Republican Colleagues in saying NO to government-issued Communist Chinese style digital currencies and YES to freedom.
2024-05-23T11:03:00.000Z
Tom Emmer Jr. reposted the post below

Heritage Action
@Heritage_Action
The CBDC Anti-Surveillance State Act will safeguard Americans' financial privacy in the face of potential surveillance, control, and political intimidation!
Thank you @GOPMajorityWhip for leading on this issue in the House.
2024-05-22T15:09:53.000Z

Tom Emmer
@GOPMajorityWhip
The Biden Administration has proven they are itching to trade Americans’ right to privacy for a CCP-style CBDC surveillance tool.
The @HouseGOP is not going to let that happen.

2024-05-22T14:41:12.000Z
Tom Emmer Jr. reposted the post below

Congressman Max Miller
@RepMaxMiller
This week I look forward to supporting @GOPMajorityWhip's CBDC Anti-Surveillance State Act to keep government in check.
The federal government has no place spying on Americans’ transactions.
2024-05-21T20:35:36.000Z

Tom Emmer
@GOPMajorityWhip
A central bank digital currency would give unelected bureaucrats in D.C. the ability to monitor and restrict the American people's *individual purchases*.
Our CBDC Anti-Surveillance State Act prevents this and defends against the ever-expanding government surveillance state.

2024-05-21T21:20:00.000Z
Tom Emmer Jr. reposted the post below

Rep. Steve Womack
@rep_stevewomack
CBDCs are a CCP-style surveillance tool that can be weaponized to oppress the American way of life.
I'm a proud cosponsor of @GOPMajorityWhip's bill to protect Americans' financial privacy, which the House will vote on this week.
2024-05-21T21:03:40.000Z
Tom Emmer Jr. reposted the post below

Patrick McHenry
@PatrickMcHenry
This week, the House is taking a monumental step towards providing regulatory clarity for the U.S. digital asset ecosystem.
The Financial Innovation and Technology for the 21st Century Act will spur innovation and secure consumer protections for market participants. #FIT21
2024-05-21T15:21:01.000Z

Tom Emmer
@GOPMajorityWhip
We don’t make trade-offs with American’s rights.
This week, we will pass our CBDC Anti-Surveillance State Act to prohibit unelected bureaucrats at the Fed from stripping the American people of their right to financial privacy.
2024-05-21T17:45:00.000Z
Tom Emmer Jr. reposted the post below

Club for Growth
@club4growth


2024-05-20T22:18:43.000Z
Tom Emmer Jr. reposted the post below

Rep. Mark Green
@RepMarkGreen
This week, I will be voting in favor of the CBDC Anti-Surveillance State Act—a bill to ensure the Fed cannot create CBDCs and weaponize them against the American people. Thank you @GOPMajorityWhip for your tireless work on this.
2024-05-20T19:00:00.000Z

Tom Emmer
@GOPMajorityWhip
Any central bank digital currency that is not open, permissionless, and private-like cash-is nothing more than a big government surveillance tool.
This week, the @HouseGOP will take action to prevent the Fed from ever issuing one by passing our CBDC Anti-Surveillance State Act.

2024-05-20T22:40:57.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
This week, @HouseGOP will take action to protect consumers and foster innovation with two landmark digital asset bills, including:
The bipartisan Financial Innovation and Technology for the 21st Century (FIT21) Act
@GOPMajorityWhip's CBDC Anti-Surveillance State Act


2024-05-20T15:13:43.000Z
Tom Emmer Jr. reposted the post below

Rep. Randy Feenstra
@RepFeenstra
I'm a proud supporter of @GOPMajorityWhip's CBDC Anti-Surveillance State Act.
We do not need a central bank digital currency in the United States!
2024-05-20T16:02:22.000Z

Tom Emmer
@GOPMajorityWhip
The idea of a central bank digital currency is more than alarming, it is down-right un-American.
This week, the @HouseGOP will uphold the American values of privacy, individual sovereignty, and free-market competitiveness by passing my CBDC Anti-Surveillance State Act.
2024-05-20T15:45:00.000Z

Tom Emmer
@GOPMajorityWhip
Crypto has shifted economic power from centralized institutions back into the hands of the people.
The CBDC Anti-Surveillance State Act, the Securities Clarity Act, and FIT21 will provide the regulatory certainty needed to ensure that web3 is designed with our American values.
2024-05-19T17:00:01.000Z

Tom Emmer
@GOPMajorityWhip
This week, the House will take up two of my landmark pieces of legislation.
-The CBDC Anti-Surveillance State Act
-The Securities Clarity Act
These bills will ensure the future of crypto is determined by the American people – not @POTUS and the Administrative State.
2024-05-18T14:00:02.000Z

Tom Emmer
@GOPMajorityWhip
Crypto is in the middle of a policy tug-of-war between the Administrative State and the American people.
Congress just passed the SAB 121 repeal on a bipartisan basis.
If Biden vetoes, it proves he wants to kill opportunities for Americans at the expense of Americans.
2024-05-16T16:38:10.000Z

Tom Emmer
@GOPMajorityWhip
Digital asset innovation is a nonpartisan issue and we must work that way in Congress to ensure the digital asset ecosystem can thrive here in the United States.
2024-05-08T19:08:09.000Z

Tom Emmer
@GOPMajorityWhip
Today, we will vote to overturn @GaryGensler’s illegal SAB 121 rule.
This rule prevents banks from safeguarding digital assets for their customers, which only increases concentration risk in our market and puts American digital asset holders in a vulnerable position.
2024-05-08T19:08:01.000Z

Tom Emmer
@GOPMajorityWhip
These Wells notices seem to be Gary Gensler's desperate, last-ditch attempts to intimidate and antagonize digital asset innovators.

The Block
@TheBlock__
SEC Wells Notice to Robinhood Crypto continues trend of probes in digital asset industry theblock.co/post/292687/se…
2024-05-06T18:53:54.000Z
2024-05-06T20:07:06.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
Classifying #ETH as a security contradicts previous statements of the SEC and Chair Gensler.
Republicans will continue to hold the SEC accountable for its regulatory overreach that is stifling innovation, leaving consumers unprotected, and risking our national security.
2024-04-30T14:36:56.000Z
Tom Emmer Jr. reposted the post below

Rep. Burgess Owens
@RepBurgessOwens
The Fed needs to keep its hands out of our wallets. I'm proud to join @GOPMajorityWhip Tom Emmer's CBDC Anti-Surveillance State Act to halt the efforts of unelected bureaucrats in Washington, D.C. to issue a central bank digital currency.

2024-04-19T13:40:28.000Z

Tom Emmer
@GOPMajorityWhip
The @SECGov deserves more funding for crypto enforcement.
April Fools!
2024-04-01T19:00:00.000Z

Tom Emmer
@GOPMajorityWhip
The SEC and the CFTC have an extensive record asserting that Ethereum is NOT a security. So why does Prometheum, an SEC-registered broker-dealer, plan to custody ETH?
I led a letter with @FinancialCmte and my colleagues to @GaryGensler to get some answers.

Financial Services GOP
@FinancialCmte
#NEW: Republicans on the House Financial Services Committee and @HouseAgGOP sent a letter to @SECGov Chair Gensler urging his agency to clarify its position with respect to SPBD Prometheum’s custody of #ETH.
Read more
financialservices.house.gov/news/documents…

2024-03-26T18:30:34.000Z
2024-03-26T19:30:00.000Z

Tom Emmer
@GOPMajorityWhip
Banks are the backbone of our free market system and keep Main Street alive.
A CBDC would only centralize power and compromise Americans’ right to privacy.
bankingjournal.aba.com/2024/03/rep-em…
2024-03-20T19:45:00.000Z

Tom Emmer
@GOPMajorityWhip
The Biden administration sees it as their "key duty" to abandon our core American values and create a surveillance-style CBDC.
Let me be clear:
A government tool for financial surveillance will NOT happen so long as House Republicans are in the majority.
decrypt.co/221752/federal…
2024-03-17T19:30:00.000Z
Tom Emmer Jr. reposted the post below

Congressman Byron Donalds
@RepDonaldsPress
CBDC would give the federal government absolute control over your money.
This is a dangerous threat to freedom.
It is critical that we work to protect the American people from government tyranny & that we never allow the creation of CBDC in America.
2024-03-15T19:37:03.000Z

Tom Emmer
@GOPMajorityWhip
If you don’t think the Fed is pursuing a CBDC, think again.
The Fed gave this to my staff during a presentation earlier this Congress. They view a CBDC as one of their KEY DUTIES.

2024-03-14T00:48:28.000Z
Cosponsored a bill on Mar 5th, 2024
Bill Name
SAB 121 House Joint Resolution
Details
For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121".
This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.

Tom Emmer
@GOPMajorityWhip
The OMB cannot abuse its “emergency” authorities to allow agencies like the EIA to ridiculously claim bitcoin miners are a threat to public safety and subject this industry to new, unvetted rules and regulations.
It’s an abuse of power and it ends here.

Eleanor Terrett
@EleanorTerrett

2024-03-01T19:03:58.000Z
2024-03-01T19:39:38.000Z

Tom Emmer
@GOPMajorityWhip
“ABA has long believed that a CBDC would pose significant risks to our financial system that would outweigh any potential benefits, including undermining the critical role that banks play in extending credit and powering the economy.” -@ABABankers
2024-03-01T18:28:56.000Z

Tom Emmer
@GOPMajorityWhip
"The creation of a U.S. CBDC would threaten the financial health of the country and the constitutional rights of law-abiding Americans." -@club4growth
2024-03-01T18:28:56.000Z

Tom Emmer
@GOPMajorityWhip
“CBDCs present major privacy concerns for everyday Americans, including granting the government the ability to collect intimate personal details on U.S. citizens, and potentially track and freeze funds for any reason.” -@BlockchainAssn
2024-03-01T18:28:55.000Z

Tom Emmer
@GOPMajorityWhip
"By barring the Federal Reserve from issuing a U.S. CBDC to consumers, the CBDC Anti-Surveillance State Act would avoid the unnecessary risks to consumers and small businesses that a U.S. CBDC would pose." -@ICBA
2024-03-01T18:28:55.000Z

Tom Emmer
@GOPMajorityWhip
"The CBDC Anti-Surveillance State Act is a momentous step that would clarify and reassert that only Congress can authorize and regulate forms of exchange." -@A1Policy
2024-03-01T18:28:55.000Z

Tom Emmer
@GOPMajorityWhip
My bill, the CBDC Anti-Surveillance State Act, garnered significant momentum this week:
- 120 cosponsors
- Broad coalition support
- Reintroduction of @SenTedCruz's Senate companion
Here's what stakeholders are saying about this important legislation:
2024-03-01T18:28:54.000Z

Tom Emmer
@GOPMajorityWhip
"Anti-CBDC legislation is necessary to safeguard Americans' financial privacy in the face of potential surveillance, control, and political intimidation... We will be issuing a Key Vote Cosponsorship in support of Whip Emmer and Senator Cruz’s bill..." -@Heritage_Action
2024-03-01T18:28:54.000Z
Tom Emmer Jr. reposted the post below
R
@RepDanBishop
CBDCs are a direct threat to every freedom we hold dear.
If this tyranny is allowed to take hold in America, a Chinese-style social credit system will not be far behind.
Proud to cosponsor this critical legislation with @SenTedCruz and @GOPMajorityWhip.
2024-02-27T18:21:43.000Z
Tom Emmer Jr. reposted the post below

Blockchain Association
@BlockchainAssn
1/ CBDCs present major privacy concerns for everyday Americans, including granting the government the ability to collect intimate personal details on U.S. citizens, and potentially track and freeze funds for any reason.
2024-02-26T20:24:26.000Z

Tom Emmer
@GOPMajorityWhip
Any CBDC that is not open, permissionless, and private – like cash – is a surveillance tool that will be mobilized to oppress the American way of life.
I am proud to have @SenTedCruz lead the Senate companion of our CBDC Anti-Surveillance State Act.

Senator Ted Cruz
@SenTedCruz
.@FoxBusiness: Cruz, GOP senators double down on anti-central bank digital currency legislation
foxbusiness.com/politics/cruz-…
2024-02-26T15:47:47.000Z
2024-02-26T17:50:22.000Z

Tom Emmer
@GOPMajorityWhip
Great news! The Energy Information Administration is backing down on its “emergency” demand for Bitcoin miners to share proprietary information.
We rejected this administration’s abuse of emergency authority, and common sense prevailed.
Background: foxbusiness.com/politics/top-h…
2024-02-24T02:40:35.000Z

Tom Emmer
@GOPMajorityWhip
Bitcoin mining is not a threat to public safety. Period.
The OMB's abuse of its emergency powers to attack Bitcoin miners demands an explanation.
Read my letter to the OMB below.
foxbusiness.com/politics/top-h…
2024-02-22T19:06:20.000Z

Tom Emmer
@GOPMajorityWhip
Senators are writing legislation based on the Wall Street Journal's inaccurate reporting. Since Treasury has accurate data, it has an obligation to correct the record on the size of Hamas's digital asset fundraising efforts.
2024-02-14T19:25:59.000Z

Tom Emmer
@GOPMajorityWhip
Today, I asked Treasury's Head of FinCEN and OFAC about the WSJ's reporting on Hamas's digital asset fundraising campaign.
Undersecretary Nelson CONFIRMED, on the record, that the WSJ's numbers were inaccurate and that crypto was not even a popular tool for Hamas terrorists.

2024-02-14T19:25:44.000Z

Tom Emmer
@GOPMajorityWhip
Congressional Republicans have been fighting against the implementation of a surveillance-style CBDC.
My bill, the CBDC Anti-Surveillance State Act, has 75 cosponsors and we are continuing to build support.
2024-01-19T20:50:04.000Z

Tom Emmer
@GOPMajorityWhip
I agree with President Trump; CBDCs pose a serious threat to Americans' right to financial privacy.
I look forward to working with him as we continue the fight against the expanding government surveillance state.
2024-01-19T20:50:03.000Z

Tom Emmer
@GOPMajorityWhip
The FSOC hides in a black box, shielded from Congressional oversight. It designates industries as “systemically risky,” and has been weaponized to wield that power to carry out political agendas rather than protect the market at large.
Case in point: digital assets.
2024-01-11T01:02:15.000Z

Tom Emmer
@GOPMajorityWhip
In 2022. the White House threatened to unleash the FSOC on the digital assets industry unless Congress enacted the White House’s preferred, explicitly anti-crypto, legislation.
This is unacceptable.
2024-01-11T01:02:15.000Z

Tom Emmer
@GOPMajorityWhip
Navigating Gary Gensler’s regulatory approach to digital assets is like playing hopscotch in a minefield. Blindfolded.
2024-01-01T17:00:01.000Z

Tom Emmer
@GOPMajorityWhip
My bill to protect Americans’ right to financial privacy, the CBDC Anti-Surveillance State Act, is up to 75 cosponsors, and we will keep growing support.
2023-12-30T19:00:00.000Z

Tom Emmer
@GOPMajorityWhip
Digital assets aren’t the enemy. They are a tool for trust, transparency, and individual liberty.
2023-12-24T18:00:00.000Z

Tom Emmer
@GOPMajorityWhip
Without opposition, in November the House passed my appropriations amendment barring the SEC from using taxpayer dollars on its abusive crypto enforcement tirade until Congress passes legislation giving the SEC jurisdiction over this industry.
2023-12-21T17:26:59.000Z

Tom Emmer
@GOPMajorityWhip
In July, we passed the Blockchain Regulatory Certainty Act out of Committee to streamline one of the largest barriers to entry in the digital asset space: money transmission regulation.
2023-12-21T17:26:58.000Z

Tom Emmer
@GOPMajorityWhip
In September, my CBDC Anti-Surveillance State Act passed out of the @FinancialCmte.
This is a historic step in defense against the ever-expanding government surveillance apparatus. The bill is cosponsored by 75 Members of Congress.
2023-12-21T17:26:58.000Z
Tom Emmer Jr. reposted the post below

blockchain tipsheet
@blockchaintpsht
.@MajorityWhipGOP Tom Emmer spoke to blockchain tipsheet yesterday about the state of digital assets legislation in Congress. Among his observations:
On 2023 highlights: “Watching Republicans and Democrats on the House Financial Services Committee literally collaborate on digital assets issues.”
On Senate legislation targeting terrorist financing and crypto: "First off, it surprises me that the Senate is already working on a solution when they don't know what the problem is."
On the importance of Congressional staff in the creation of digital assets legislation: "Staff are key for a couple of reasons . Not only do they do the bulk of the work around this place, but they're in the 21st century already. They've been raised in it."
On claims that government can't track crypto: "Colonial Pipeline - which was shut down in return for Bitcoin ransom - nobody reports that they recovered all of it. So it's misinformation like that we have to constantly overcome."
On digital assets education for Members of Congress: "The education is still very necessary - and this is a non-partisan area to me. This isn't Republican or Democrat. Finance should not be. Everybody should have equal access and opportunity."
On regulators and 2024: "We've got to make sure that they go back to the business of working for Americans rather than believing Americans work for them. I'm excited not only on the policy side, but on the oversight side."
Read the interview:
blockchaintipsheet.com/legislation/ma…
2023-12-13T16:30:44.000Z
Tom Emmer Jr. reposted the post below

Blockchain Association
@BlockchainAssn
1/ “I make it clear everywhere I go, it’s not Republicans vs. Democrats on crypto…the industry you’re in is a non-partisan issue.” What a great session this morning with @GOPMajorityWhip, the voice our bipartisan industry needs in Washington.
2023-11-30T15:09:05.000Z

Tom Emmer
@GOPMajorityWhip
In case you missed it…
Last week, I joined @ThinkingCrypto1 to discuss how Congress can provide clear rules of the road to bring the industry back onshore and hold unelected bureaucrats like @GaryGensler accountable for abusing SEC enforcement powers.

Tony Edward (Thinking Crypto Podcast)
@ThinkingCrypto1
Congressman Tom Emmer is working on putting a stop to Gary Gensler's enforcement actions against Crypto. He recently presented an Amendment to not have tax payers dollars used in enforcement actions. @GOPMajorityWhip
WATCH
hyoutu.be/hkq7sHVUDhQ
Topics:
- DOJ #Binance settlement
- #SEC enforcement action against Kraken exchange
- Amendment to prevent tax payers funds being used in SEC Crypto enforcement actions
- Stopping Gary Gensler & Elizabeth Warren's anti Crypto agenda
- #Crypto Bills in the House
- Bi-partisan letter to Biden Administration regarding Hamas’s digital asset fundraising campaign.
- #Stablecoin Regulation and #CBDCs
#congress #interview #podcast #thinkingcrypto #bitcoin #xrp #ripple #grayscale #garygensler #firegarygensler

2023-11-22T13:52:55.000Z
2023-11-27T23:25:55.000Z

Tom Emmer
@GOPMajorityWhip
Congressional resources should instead be spent working to bring more crypto activity and opportunities onshore to bolster U.S. national security.
2023-11-22T14:01:51.000Z

Tom Emmer
@GOPMajorityWhip
Congress does not need to rewrite laws that work in the crypto space. Yesterday’s successful prosecution shows that when enforced, current laws are suitable to help weed out bad actors.
2023-11-22T14:01:50.000Z

Tom Emmer
@GOPMajorityWhip
Answers to our inquiry will help Congress understand the size, scope, and duration of Hamas's digital asset fundraising campaign and the United States' ability to target bad actors while supporting legitimate digital asset use.




2023-11-15T17:27:25.000Z

Tom Emmer
@GOPMajorityWhip
I, along with @PatrickMcHenry, @RitchieTorres, and @RepFrenchHill, led a bipartisan letter requesting the Biden administration utilize the open blockchain ledger to assess the footprint of Hamas’s digital asset fundraising campaign. foxnews.com/politics/bipar…
2023-11-15T17:27:24.000Z

Tom Emmer
@GOPMajorityWhip
My amendment prohibits the SEC from using taxpayer-funded resources to pursue enforcement actions against the digital asset industry until Congress passes legislation that authorizes regulatory enforcement jurisdiction.
2023-11-08T20:43:11.000Z

Tom Emmer
@GOPMajorityWhip
.@GaryGensler is as ineffective as he is incompetent. Fortunately, my nonpartisan appropriations amendment to reign in SEC enforcement abuses against the digital asset industry passed the House today with no opposition.
Congress will hold unelected bureaucrats accountable.

2023-11-08T20:34:52.000Z
Cosponsored a bill on Nov 2nd, 2023
Bill Name
Uniform Treatment of Custodial Assets Act
Details
To prohibit certain Federal agencies from requiring certain institutions to include assets held in custody as a liability, and for other purposes.
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
#ICYMI: The CBDC Anti-Surveillance State Act, sponsored by @GOPMajorityWhip, got the green light at last week's markup.
Our bill bars the @federalreserve from issuing a central bank digital currency without explicit authorization from Congress.
washingtonexaminer.com/policy/economy…
2023-09-26T20:25:44.000Z
Tom Emmer Jr. reposted the post below

Patrick McHenry
@PatrickMcHenry


2023-09-25T21:05:48.000Z

Tom Emmer
@GOPMajorityWhip
Digital assets are here to stay. My bill makes sure unelected Washington bureaucrats can’t weaponize them to monitor Americans’ private financial data. washingtonexaminer.com/policy/economy…
2023-09-24T17:02:00.000Z
Tom Emmer Jr. reposted the post below

Eleanor Terrett
@EleanorTerrett

2023-09-20T20:09:14.000Z
Tom Emmer Jr. reposted the post below

Blockchain Association
@BlockchainAssn
CBDCs present major privacy concerns for everyday Americans, including granting the government the ability to track all purchases and collect intimate personal details on its citizens. The right to financial privacy is protected by the Constitution. We support the CBDC Anti-Surveillance State Act – legislation aimed at preventing a CBDC from being issued in the United States. Thank you @GOPMajorityWhip for your leadership.
2023-09-20T19:57:45.000Z

Tom Emmer
@GOPMajorityWhip
The first anti-CBDC bill in the United States passed out of the Financial Services Committee today! A historical step in defending against an ever-expanding government surveillance state.

Tom Emmer
@GOPMajorityWhip
The Financial Services Committee is set to vote on my bill, the CBDC Anti-Surveillance State Act, today. Watch my remarks from the debate:
2023-09-20T17:49:28.000Z
2023-09-20T19:51:15.000Z

Tom Emmer
@GOPMajorityWhip
The Financial Services Committee is set to vote on my bill, the CBDC Anti-Surveillance State Act, today. Watch my remarks from the debate:

2023-09-20T17:49:28.000Z

Tom Emmer
@GOPMajorityWhip
Thank you, @FinancialCmte for considering my legislation, the CBDC Anti-Surveillance State Act, today.
emmer.house.gov/2023/9/emmer-r…
2023-09-14T18:43:57.000Z

Tom Emmer
@GOPMajorityWhip
If not open, permissionless, and private – like cash – a CBDC is nothing more than a CCP-style surveillance tool that can be weaponized to oppress the American way of life.
We’re not going to let that happen – not on House Republicans’ watch.

2023-09-13T14:46:23.000Z

Tom Emmer
@GOPMajorityWhip
Bottom Line: If not open, permissionless, and private - like cash - a CBDC is nothing more than a CCP-style surveillance tool that can be weaponized to oppress the American way of life.
Thank you @FinancialCmte for considering my bill this month.
2023-09-12T15:15:26.000Z

Tom Emmer
@GOPMajorityWhip
Why: The administration has made it clear: President Biden is willing to compromise the American people’s right to financial privacy for a surveillance-style CBDC.
I don’t believe in compromising Americans’ rights.
2023-09-12T15:15:03.000Z

Tom Emmer
@GOPMajorityWhip
What: My updated bill prohibits the Fed from issuing a retail CBDC while protecting innovation and any future development of true digital cash.
2023-09-12T15:14:37.000Z

Tom Emmer
@GOPMajorityWhip


2023-09-12T15:14:14.000Z
Sponsored a bill on Sep 12th, 2023
Bill Name
CBDC Anti-Surveillance State Act
Details
To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.

Tom Emmer
@GOPMajorityWhip
That is why I'm planning to sponsor an appropriations amendment that restricts the SEC's use of funds on digital asset enforcement until there are clear rules and regulations in place.
Read more below
majoritywhip.gov/news/documents…

2023-09-08T16:55:31.000Z

Tom Emmer
@GOPMajorityWhip
1. SEC loses on Ripple...
2. SEC loses on Grayscale...
We will see how pending litigation plays out, but it should be increasingly obvious to policymakers that, despite @GaryGensler's mass marketing campaign, crypto is not an industry "rife with noncompliance."

Tom Emmer
@GOPMajorityWhip
Our system of checks and balances holding the abusive Administrative State accountable

2023-08-29T19:24:40.000Z
2023-09-02T19:41:00.000Z

Tom Emmer
@GOPMajorityWhip
The Federal Reserve has proven itself to be incompetent.
I’m proud to support @PatrickMcHenry’s Clarity for Payment Stablecoins Act with his commitment to work with me to roll back the Fed’s power and authority in this bill.
Watch my remarks in @FinancialCmte


2023-07-27T17:27:42.000Z

Tom Emmer
@GOPMajorityWhip
The BRCA provides the digital asset ecosystem regulatory certainty to keep innovating in the United States so the future digital economy reflects American values.
2023-07-26T23:58:30.000Z

Tom Emmer
@GOPMajorityWhip
"The basic protections provided by H.R. 1747 represent a core building block in providing a foundation for future responsible innovation here in the United States." - @crypto_council
2023-07-26T18:13:49.000Z

Tom Emmer
@GOPMajorityWhip
"The Blockchain Regulatory Certainty Act ensures American digital asset innovations can continue to thrive here in the United States. We urge members of the committee to vote in favor of this bill." - @BlockchainAssn
2023-07-26T18:13:48.000Z

Tom Emmer
@GOPMajorityWhip
The Blockchain Regulatory Certainty Act has garnered support from every sector of the digital asset ecosystem.
Here's what they're saying about mine and @RepDarrenSoto's nonpartisan bill:
2023-07-26T18:13:47.000Z

Tom Emmer
@GOPMajorityWhip
My remarks on @PatrickMcHenry/@CongressmanGT's digital asset market structure bill


2023-07-26T16:21:13.000Z

Tom Emmer
@GOPMajorityWhip
Today, the @FinancialCmte will begin debating my nonpartisan bill with @RepDarrenSoto, the Blockchain Regulatory Certainty Act. Our bill provides regulatory certainty so the decentralized economy can be built by Americans, with American values.
Tune in:
youtube.com/watch?v=cw4hdr…
2023-07-26T14:58:40.000Z
Tom Emmer Jr. reposted the post below

DeFi Education Fund
@fund_defi
1/ There are several crypto bills being marked up in @FinancialCmte this week.
First up: The bipartisan Blockchain Regulatory Certainty Act by @GOPMajorityWhip + @RepDarrenSoto that provides much needed certainty to:
Devs
Miners/validators
Front ends 



2023-07-25T17:42:21.000Z
Cosponsored a bill on Jul 20th, 2023
Bill Name
FIT21
Details
Financial Innovation and Technology for the 21st Century Act

Tom Emmer
@GOPMajorityWhip
Crypto will thrive with or without the U.S.
Congress must step into the driver’s seat and pass a bill that provides the American people and industry with regulatory clarity, certainty, confidence, and competitiveness. Anything less is unacceptable.
Watch my Committee remarks:

2023-06-13T23:30:00.000Z

Tom Emmer
@GOPMajorityWhip
Every day, we are working to educate fellow Members of Congress on the dangers of central bank digital currencies.
My bill, the CBDC Anti-Surveillance State Act, is up to 26 cosponsors, and we’re just getting started
emmer.house.gov/2023/2/emmer-l…C

2023-05-26T16:44:24.000Z

Tom Emmer
@GOPMajorityWhip
“We commend Rep. Tom Emmer and @RepDarrenSoto for their commitment to American innovation with the reintroduction of this important bipartisan legislation…” - @crypto_council

2023-05-21T17:01:21.000Z

Tom Emmer
@GOPMajorityWhip
“The Securities Clarity Act would go a long way towards providing regulatory clarity for the securities treatment of digital assets and we are proud to support its reintroduction.” - @BlockchainAssn

2023-05-21T17:01:20.000Z

Tom Emmer
@GOPMajorityWhip
“This is the smartest approach we have seen to provide clarity about how securities law applies to digital assets.” - @coincenter

2023-05-21T17:01:19.000Z

Tom Emmer
@GOPMajorityWhip
Last week, I introduced the Securities Clarity Act with @RepDarrenSoto which clarifies the regulatory classification of digital assets to provide market certainty for innovators and clear jurisdictional boundaries for regulators.
Here’s what others are saying about our bill:
2023-05-21T17:01:18.000Z

Tom Emmer
@GOPMajorityWhip
@RepDarrenSoto @coincenter @BlockchainAssn @DigitalChamber @crypto_council Read the bill here: emmer.house.gov/_cache/files/4…
2023-05-18T20:19:14.000Z

Tom Emmer
@GOPMajorityWhip
@RepDarrenSoto We appreciate the broad community support on this legislation from @CoinCenter, @BlockchainAssn, @DigitalChamber, and @crypto_council.
2023-05-18T20:16:30.000Z

Tom Emmer
@GOPMajorityWhip
@RepDarrenSoto The Securities Clarity Act inserts a key term, the “investment contract asset,” into existing securities law to enable crypto projects to reach their full potential in a compliant way, allowing the United States to compete globally in this next iteration of the internet.
2023-05-18T20:16:06.000Z

Tom Emmer
@GOPMajorityWhip
@RepDarrenSoto Without a distinction between the asset and the securities contract, token projects that raise capital to fund development cannot move out of the securities framework once the project is decentralized, which hinders the utility of the project and ultimately harms token holders.
2023-05-18T20:15:46.000Z

Tom Emmer
@GOPMajorityWhip
Today, I introduced the Securities Clarity Act with @RepDarrenSoto. This bill clarifies the regulatory classification of digital assets and provides market certainty for innovators and clear jurisdictional boundaries for regulators.

2023-05-18T20:15:30.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
#WATCH: @GOPMajorityWhip Tom Emmer skewers Chair Gensler for his regulation by enforcement approach to digital assets' failure to protect consumers.
While Gensler's SEC fails to protect investors, he is pushing valuable financial innovation overseas.




2023-04-18T17:28:42.000Z

Tom Emmer
@GOPMajorityWhip
He was the “cop on the beat” when the biggest crypto frauds collapsed, doing nothing to stop these criminals before they defrauded Americans:

2023-04-18T17:17:14.000Z

Tom Emmer
@GOPMajorityWhip
He’s finalized ZERO rules for crypto companies to comply with…
yet he abuses the SEC’s enforcement powers against them:

2023-04-18T17:17:13.000Z

Tom Emmer
@GOPMajorityWhip
We should never sacrifice decentralized money.
Thank you, @DigitalChamber, for inviting me to join you all today.

2023-03-21T15:01:47.000Z

Tom Emmer
@GOPMajorityWhip
If you want to assume unelected bureaucrats are going to do the things you expect them to do, you do that at your own risk. This Administration is already moving in the direction of a CBDC, and the events of this week have only made that more clear.

2023-03-17T17:28:08.000Z

Tom Emmer
@GOPMajorityWhip
It's clear the Biden administration is weaponizing market chaos to kill crypto.
This is why I sent an investigative letter to FDIC Chairman Gruenberg seeking additional information yesterday.

2023-03-16T16:35:06.000Z

Tom Emmer
@GOPMajorityWhip
“Any buyer of Signature must agree to give up all the crypto business at the bank, the two sources added.”
reuters.com/business/finan…

2023-03-16T13:18:14.000Z

Tom Emmer
@GOPMajorityWhip
Today, I sent a letter to FDIC Chairman Gruenberg regarding reports that the FDIC is weaponizing recent instability in the banking sector to purge legal crypto activity from the U.S.



2023-03-15T14:15:48.000Z

Tom Emmer
@GOPMajorityWhip
The Blockchain Regulatory Certainty Act
The Securities Clarity Act
The Safe Harbor for Taxpayers with Forked Assets Act
The CBDC Anti-Surveillance State Act
The future of crypto in the US will be determined by Congress and the American People - not the Administrative State.

2023-03-09T23:17:19.000Z

Tom Emmer
@GOPMajorityWhip
An unelected bureaucrat stating a willingness to trade your right to financial privacy for a surveillance-style U.S. CBDC
home.treasury.gov/news/press-rel…

2023-03-03T18:13:32.000Z

Tom Emmer
@GOPMajorityWhip
The bill does three things:
1. Prohibits the Fed from issuing a CBDC directly to anyone.
2. Bars the Fed from using a CBDC to implement monetary policy and control the economy.
3. Requires the Fed's CBDC projects to be transparent to Congress and the American people
2023-02-22T14:12:47.000Z

Tom Emmer
@GOPMajorityWhip
Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected bureaucrats in Washington, DC from stripping Americans of their right to financial privacy.




2023-02-22T14:12:46.000Z

Tom Emmer
@GOPMajorityWhip
Crypto is here to stay. I will keep advocating for policies that advance crypto innovation and adoption in the United States because crypto is more than a financial investment: it’s about restoring liberty and choice to individuals.
coindesk.com/consensus-maga…
2023-01-23T20:28:48.000Z

Tom Emmer
@GOPMajorityWhip
Nearly 5 months later, Treasury responded to our inquiry about OFAC’s sanctioning of Tornado Cash smart contracts… decentralized, immutable contracts that enable transaction privacy on public blockchains.

Tom Emmer
@GOPMajorityWhip
I sent a letter to Treasury Secretary Yellen regarding the unprecedented sanctioning of Tornado Cash. The growing adoption of decentralized technology will certainly raise new challenges for OFAC. Nonetheless, technology is neutral and the expectation of privacy is normal.
https://t.co/0aN4a4A6tb

2022-08-23T14:30:34.000Z


2023-01-10T17:23:48.000Z

Tom Emmer
@GOPMajorityWhip
.@GaryGensler and the SEC had more meetings with SBF and FTX/IEX than anyone else in crypto, allegedly to craft a special regulatory framework designed to benefit FTX alone.
Making backroom regulatory deals with bad actors is not a tool in the SEC’s toolbox.

SEC Chair Gary Gensler Archive
@GenslerArchive
Until crypto platforms comply with time-tested securities laws, risks to investors will persist. It remains a priority of the SEC to use all of our available tools to bring the industry into compliance.
2022-12-22T02:34:18.000Z
2022-12-22T14:22:20.000Z

Tom Emmer
@GOPMajorityWhip
The US remains a tech leader not because we force innovators to adopt our values, but because we allow tech that holds these values at their core to flourish.
What happens if the US issues a CBDC that doesn’t reflect American values?
My op-ed
americanbanker.com/opinion/the-u-…

2022-12-19T21:57:04.000Z

Tom Emmer
@GOPMajorityWhip
The failure of FTX is not a failure of crypto, it is a failure of centralization.
DeFi is the point.

2022-12-19T17:26:46.000Z

Tom Emmer
@GOPMajorityWhip
Probably a good time to re-up my bipartisan Blockchain Regulatory Certainty Act.
The bill asserts that blockchain entities that never custody consumer funds are not money transmitters… providing necessary legal certainty to ensure the future of crypto reflects American values.
2022-12-14T15:08:04.000Z

Tom Emmer
@GOPMajorityWhip
So @GaryGensler knows that FTX was fraudulent from its inception.
This is egregious considering he had more meetings with Bankman-Fried than anyone in the space to discuss a crypto regulatory framework designed to benefit FTX alone.
He will be held accountable.

2022-12-13T14:53:23.000Z

Tom Emmer
@GOPMajorityWhip
Gensler has repeatedly dodged Congress at the expense of investors (hasn’t publicly appeared before the House Financial Services since October 5, 2021), leaving us to learn about the SEC's crypto investigations, like the one into FTX, through the media.
2022-12-09T21:54:43.000Z

Tom Emmer
@GOPMajorityWhip
The Caucus received info from several sources (FTX, as we’ve said repeatedly, was not one of them) that @GaryGensler's efforts to gather info on crypto companies were not targeted, intentional, or clear; rather, the SEC's requests were haphazard and unfocused.
2022-12-09T21:54:42.000Z

Tom Emmer
@GOPMajorityWhip
We now know Gensler's crypto information-gathering efforts were ineffective.
2022-12-09T21:54:42.000Z

Tom Emmer
@GOPMajorityWhip
Project Hamilton is an initiative between the Boston Fed and MIT to research the potential development of a U.S. CBDC & the private sector's role must be transparent. No government body should be in the business of picking winners and losers in private industry.
2022-12-01T20:24:47.000Z

Tom Emmer
@GOPMajorityWhip
I sent a letter with @PatrickMcHenry to the Boston Fed concerning allegations that some firms participating in "Project Hamilton" might intend to use govt. resources to design a CBDC under the Fed’s watch with the intent to then sell those products to commercial banks.


2022-12-01T20:24:47.000Z

Tom Emmer
@GOPMajorityWhip
.@SenTedCruz and I have introduced legislation that will prevent the Federal Reserve from ever issuing a CBDC directly to individuals.
2022-11-30T19:37:53.000Z

Tom Emmer
@GOPMajorityWhip
We were concerned in March that @GaryGensler was taking an indiscriminate and inconsistent approach to oversight of the crypto community.

Tom Emmer
@GOPMajorityWhip
My office has received numerous tips from crypto and blockchain firms that SEC Chair @GaryGensler’s information reporting “requests” to the crypto community are overburdensome, don’t feel particularly… voluntary… and are stifling innovation.
2022-03-16T15:30:27.000Z
2022-11-25T22:48:19.000Z

Tom Emmer
@GOPMajorityWhip
FTX's collapse is not a crypto failure. It's a failure with CeFi, @GaryGensler, and Sam Bankman-Fried. Decentralization is the point. Watch below for more thoughts


2022-11-22T20:14:20.000Z

Tom Emmer
@GOPMajorityWhip
Decentralization is the point. If we sacrifice DeFi for legislation, we’re throwing away the opportunity.
2022-10-20T02:04:33.000Z

Tom Emmer
@GOPMajorityWhip
After years of pushing for crypto accounting standards, FASB’s new rule is a win for institutional crypto adoption. Clear, logical accounting standards for companies w/ crypto on their balance sheets adds transparency to the market and protects investors.
wsj.com/articles/fasb-…


Tom Emmer
@GOPMajorityWhip
Today, along with the Congressional #Blockchain Caucus, I wrote a letter to Chairman Richard Jones of @FAFNorwalk, urging him to provide authoritative accounting guidance for companies that hold #virtualcurrencies. Read more below
https://t.co/TOi1cIVXE5

2021-05-12T21:29:42.000Z
2022-10-13T19:46:29.000Z

Tom Emmer
@GOPMajorityWhip
We’ll be very clear: There is no alternative to authorizing a CBDC other than through legislation. And Congress won’t approve a CBDC unless it’s open, permissionless, & private. I commend @RepFrenchHill & @PatrickMcHenry for leading this letter and am proud to support.
2022-10-05T20:14:30.000Z

Tom Emmer
@GOPMajorityWhip
The Biden Admin wrote a report on how they could issue a CBDC behind the back of Congress and the American people. Now, they aren't sharing that report with Congress.

French Hill
@RepFrenchHill
I sent a letter with @FinancialCmte GOP Leader @PatrickMcHenry and Committee Republicans’ Digital Asset Working Group requesting Attorney General Garland provide his assessment on @federalreserve’s authority to issue a #CBDC.
2022-10-05T16:14:40.000Z
2022-10-05T20:14:29.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
The Biden Admin continues to focus almost exclusively on the potential risks posed by digital assets, instead of their opportunities.
Continued regulation by enforcement will not provide this ecosystem with the clarity it desperately needs.
coindesk.com/policy/2022/10…
2022-10-04T14:47:26.000Z

Tom Emmer
@GOPMajorityWhip
I was honored to receive the @crypto_council Digital Future Award.
The crypto community will build with or without us. We will continue to work to make the United States an environment where this technology can thrive.

2022-09-21T21:29:02.000Z

Tom Emmer
@GOPMajorityWhip
The Administration must embrace the benefits of open, permissionless & private digital assets, rather than place prominence on central bank digital currencies, the benefits of which remain confounding. (2/2)
2022-09-16T18:22:36.000Z

Tom Emmer
@GOPMajorityWhip
Disappointed to see that this incomplete response from Treasury does not consider Americans’ constitutional right to privacy while sanctioning of neutral, open-source, decentralized privacy software. home.treasury.gov/policy-issues/…

Tom Emmer
@GOPMajorityWhip
I sent a letter to Treasury Secretary Yellen regarding the unprecedented sanctioning of Tornado Cash. The growing adoption of decentralized technology will certainly raise new challenges for OFAC. Nonetheless, technology is neutral and the expectation of privacy is normal.
https://t.co/0aN4a4A6tb

2022-08-23T14:30:34.000Z
2022-09-13T20:01:54.000Z

Tom Emmer
@GOPMajorityWhip
The more of our liberty and privacy we sacrifice, the greater the threat of tyranny becomes.
Crypto creates freedom.
axios.com/2022/08/30/tom…
2022-08-30T17:58:37.000Z
Tom Emmer Jr. reposted the post below

MeriTalk
@MeriTalk
In this MerITocracy Moment, @RepTomEmmer shares how overregulating #cryptocurrencies could drive #innovators and #entrepreneurs away from doing business in America, and how #Congress can prevent that from happening: bit.ly/3wwToiG #MerITocracy2022

2022-08-26T15:22:51.000Z

Tom Emmer
@GOPMajorityWhip
I sent a letter to Treasury Secretary Yellen regarding the unprecedented sanctioning of Tornado Cash. The growing adoption of decentralized technology will certainly raise new challenges for OFAC. Nonetheless, technology is neutral and the expectation of privacy is normal.
https://t.co/0aN4a4A6tb





2022-08-23T14:30:34.000Z

Tom Emmer
@GOPMajorityWhip
Unelected bureaucrats and regulators do not get to politicize the rules of the road or hold the keys to opportunity.
Listen to my recent conversation with @ThinkingCrypto1 here:
youtube.com/watch?v=7GEv1C…
2022-08-22T18:51:22.000Z

Tom Emmer
@GOPMajorityWhip
ICYMI: In June, I sent a bipartisan letter with @RepAuchincloss to Fed Chair Powell seeking information on the federal government's digital asset holdings.

2022-08-08T19:59:57.000Z

Tom Emmer
@GOPMajorityWhip
If that is the case, the US would be a large digital asset holder, able to materially impact market trends through sales or purchases. Congress must have insight from the Fed so we can establish informed regulatory guidelines.
2022-08-08T19:59:57.000Z

Tom Emmer
@GOPMajorityWhip
US law enforcement regularly captures and seizes cryptocurrency and auctions that crypto off to the public. This process is not transparent, and there are reports that, as of February 2022, the US government owned over $4 billion in Bitcoin alone.
2022-08-08T19:59:57.000Z

Tom Emmer
@GOPMajorityWhip
Viewing crypto as merely a financial investment misses the entire point.
2022-07-14T14:23:19.000Z

Tom Emmer
@GOPMajorityWhip
The crypto community will build with or without us. Congress’s job is to develop common-sense, innovation-forward regulations so opportunities stay here at home and Americans can adopt this technology with confidence.
forbes.com/sites/zengerne…
2022-06-22T15:12:48.000Z

Tom Emmer
@GOPMajorityWhip
This weekend, I had the chance to tour @RiotBlockchain’s Bitcoin mining facility, Whinstone, built with the help of Industrial Louvers Inc. based in Delano, MN!


2022-06-13T16:03:20.000Z

Tom Emmer
@GOPMajorityWhip
I have introduced legislation to prevent the Fed from issuing a CBDC directly to Americans. emmer.house.gov/press-releases…
2022-06-06T21:13:25.000Z

Tom Emmer
@GOPMajorityWhip
Americans are right to be concerned. For instance, China has already created a CBDC that can be used to spy on citizens and marginalize political dissidents.
2022-06-06T21:13:24.000Z

Tom Emmer
@GOPMajorityWhip
The Fed report pitched a CBDC that would supposedly ensure privacy while also prioritizing user-identification. But “privacy” and “identification” are irreconcilable.
2022-06-06T21:13:24.000Z

Tom Emmer
@GOPMajorityWhip
Over 70% of public respondents to the Fed’s report on central bank digital currency DO NOT support the U.S. developing a CBDC. cato.org/blog/72-commen…
2022-06-06T21:13:24.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
It’s unclear what problems, if any, a U.S. #CBDC would solve.
Committee Republicans believe #stablecoins—if issued under a clear regulatory framework—could solve many of the issues proponents of a CBDC claim one would address.

2022-05-26T17:16:44.000Z

Tom Emmer
@GOPMajorityWhip
Any U.S. backed CBDC must be open, permissionless, and private.
Anything less than that is nothing more than a government surveillance tool.
We must understand the problems a CBDC could solve before considering launching one.
theamericanconservative.com/articles/biden…
2022-05-24T20:12:58.000Z

Tom Emmer
@GOPMajorityWhip
Self-directed 401(k) accounts should be… self directed. Congress will ensure the government cannot prohibit Americans from investing part of their self-directed 401(k) accounts in Bitcoin or any other assets.
2022-05-20T16:40:31.000Z

Tom Emmer
@GOPMajorityWhip
.@FinancialCmte wants to understand what problems a CBDC would solve BEFORE we create and launch one.
2022-05-19T18:06:25.000Z

Tom Emmer
@GOPMajorityWhip
This is why, ahead of next week’s Financial Services Committee hearing on CBDCs I joined @PatrickMcHenry and the @FinancialCmte in a letter to @FederalReserve Chair Jerome Powell concerning the Fed’s recent CBDC white paper.

Financial Services GOP
@FinancialCmte
NEW: All Committee Republicans—led by Ranking Member @PatrickMcHenry—sent a letter to @federalreserve Chair Powell.
They raise concerns with the risks posed by a potential CBDC to commercial banks, the existing payments system, and consumers.
Read more: …publicans-financialservices.house.gov/news/documents…
2022-05-19T15:25:22.000Z
2022-05-19T18:06:25.000Z

Tom Emmer
@GOPMajorityWhip
.@GaryGensler, you put all of the SEC’s taxpayer funded resources into crypto crackdowns. Now you don’t have the funds to do your actual job so you’re coming to Congress for more? You’ve got to be kidding me.

2022-05-18T18:45:38.000Z

Tom Emmer
@GOPMajorityWhip
ICYMI: FASB will (finally) establish crypto accounting standards. See our nonpartisan letter about this issue below.
https://t.co/ymjXCou8xD


Tom Emmer
@GOPMajorityWhip
Today, along with the Congressional #Blockchain Caucus, I wrote a letter to Chairman Richard Jones of @FAFNorwalk, urging him to provide authoritative accounting guidance for companies that hold #virtualcurrencies. Read more below
https://t.co/TOi1cIVXE5

2021-05-12T21:29:42.000Z
2022-05-13T16:00:26.000Z

Tom Emmer
@GOPMajorityWhip
For that reason, I introduced the FSOC Reform Act, which brings the FSOC under congressional oversight and increases the transparency of the council. The future of crypto will be decided by the American people, not bureaucrats.

2022-05-12T20:02:07.000Z

Tom Emmer
@GOPMajorityWhip
Congress has recognized that this bureaucratic regulatory posture on digital assets is unproductive. So, we are working together, across the aisle, to find solutions that will allow the United States to lead in digital asset policy.
2022-05-12T20:02:07.000Z

Tom Emmer
@GOPMajorityWhip
Instead, the PWG wants Congress to pass stablecoin legislation that doesn’t have consensus in Congress, not even amongst Committee Democrats, and is threatening to utilize the "independent" FSOC as a vehicle to circumvent Congress and the American people on digital asset policy.
2022-05-12T20:02:06.000Z

Tom Emmer
@GOPMajorityWhip
Today, Secretary Yellen confirmed that the FSOC is not supposed to take direction from the White House, as that would compromise the independence of the council. This doesn’t seem to be the case when it comes to digital assets and stablecoins…
2022-05-12T20:02:06.000Z

Tom Emmer
@GOPMajorityWhip
If Congress doesn’t pass the legislation the Admin wants us to pass? Doesn’t matter. The stablecoin report & the crypto EO both direct FSOC to find risks with digital assets and stablecoins - once they label it as systemically risky, regulators can move forward with their agenda.
2022-05-12T20:02:06.000Z

Tom Emmer
@GOPMajorityWhip
The future of crypto, web3, and the “ownership economy,” cannot and must not be dictated by any entity that is supposed to be independent, but instead takes its cues from a political agenda.


2022-05-12T20:02:05.000Z

Tom Emmer
@GOPMajorityWhip
FYI - @GaryGensler responded to our bipartisan oversight letter on the SEC’s crypto info collection process. Gensler’s response doesn't provide Congress with the specific data and insights we requested in our 13 questions.
Don’t worry, CT, we will obtain this information.

Tom Emmer
@GOPMajorityWhip
This is why I sent a bipartisan letter today to SEC Chair @GaryGensler with @RepDarrenSoto, @WarrenDavidson, @RepAuchincloss, @RepDonaldsPress, @RepJoshG, @RepTedBudd, and @RepRitchie regarding the SEC’s crypto information seeking process.
2022-03-16T15:30:35.000Z


2022-05-11T16:32:43.000Z

Tom Emmer
@GOPMajorityWhip
#ICYMI
Last week, I joined @AshBennington on @RealVision to discuss the ongoing conversation around crypto regulation in Washington, D.C.
Watch here:
realvision.com/shows/cryptove…
2022-05-10T18:26:08.000Z

Tom Emmer
@GOPMajorityWhip
The SEC’s announcement to nearly double the size of its crypto enforcement unit does not seem very technology neutral.


2022-05-05T19:20:07.000Z

Tom Emmer
@GOPMajorityWhip
I wonder how many taxpayer dollars are being wasted in @GaryGensler’s personal crusade against the crypto industry?
cnbc.com/2022/05/03/sec…
2022-05-03T14:37:26.000Z

Tom Emmer
@GOPMajorityWhip
The Digital Commodity Exchange Act, reintroduced today by my friend @CongressmanGT, gives the CFTC the authority to regulate crypto spot markets - streamlining regulation for exchanges and providing a place for tokens deemed not securities (digital commodities) to trade.
2022-04-28T19:36:10.000Z

Tom Emmer
@GOPMajorityWhip
I’ve been working with @CongressmanGT, @RepRoKhanna, and @RepDarrenSoto (members of the Blockchain Caucus) on two pieces of sensible, pro-crypto legislation that recognize a token is separate and distinct from a securities offering… because U.S. framework should reflect that.
2022-04-28T19:36:10.000Z
Cosponsored a bill on Apr 28th, 2022
Bill Name
Digital Commodity Exchange Act of 2022
Details
This bill allows for the regulation and registration of digital commodity exchanges subject to oversight by the Commodity Futures Trading Commission. The bill establishes the conditions for the sale of digital commodities, the registration of exchanges, and sets forth other requirements.

Tom Emmer
@GOPMajorityWhip
ICYMI
Last week I joined @Avery_Akkineni on @GaryVee’s #MarketingForTheNow. We had a great discussion about my recent crypto legislation, web3, and CBDCs.
Watch here:
youtube.com/watch?v=i3Nd9A…
2022-03-31T15:29:11.000Z

Tom Emmer
@GOPMajorityWhip
The U.S. is not “behind China on crypto.” CBDCs are not crypto – they’re a government surveillance tool. Crypto creates freedom, it doesn’t destroy it.
2022-03-30T19:13:41.000Z

Tom Emmer
@GOPMajorityWhip
Any central bank digital currency that is not open, permissionless, and private – like cash – is simply a surveillance tool. I am proud to have @SenTedCruz lead the Senate companion of my CBDC legislation. 

2022-03-30T15:04:07.000Z

Tom Emmer
@GOPMajorityWhip



2022-03-24T15:46:02.000Z

Tom Emmer
@GOPMajorityWhip
Yes! Also, any US CBDC must be open, permissionless, and private - like cash.

Bryan Steil
@RepBryanSteil
Any Central Bank Digital Currency proposal should have @FinancialCmte’s digital dollar principles: improve efficiency, offer a clear stable coin framework, let the private sector lead the way, and guarantee privacy and security. #CBDC …publicans-financialservices.house.gov/news/documents…
2022-03-23T14:51:21.000Z
2022-03-23T14:59:20.000Z

Tom Emmer
@GOPMajorityWhip
Crypto startups must not be weighed down by extra-jurisdictional and burdensome reporting requirements. We will ensure our regulators do not kill American innovation and opportunities.
2022-03-16T15:30:36.000Z

Tom Emmer
@GOPMajorityWhip
This is why I sent a bipartisan letter today to SEC Chair @GaryGensler with @RepDarrenSoto, @WarrenDavidson, @RepAuchincloss, @RepDonaldsPress, @RepJoshG, @RepTedBudd, and @RepRitchie regarding the SEC’s crypto information seeking process.



2022-03-16T15:30:35.000Z

Tom Emmer
@GOPMajorityWhip
My office has received numerous tips from crypto and blockchain firms that SEC Chair @GaryGensler’s information reporting “requests” to the crypto community are overburdensome, don’t feel particularly… voluntary… and are stifling innovation.
2022-03-16T15:30:27.000Z

Tom Emmer
@GOPMajorityWhip
Shifting to a cashless economy is inevitable, but we should never surrender decentralized money.
2022-03-14T13:22:46.000Z

Tom Emmer
@GOPMajorityWhip
Fortunately, there are decentralized payment tools that preserve the democratic values that are so integral to the free world. I am dedicated to ensuring Americans have financial tools that, like cash, are open, permissionless, private, and resilient to intermediated control.
2022-03-14T13:22:45.000Z

Tom Emmer
@GOPMajorityWhip
Overall, it’s critical that we maintain tech and economic leadership on the global stage and I look forward to continuing to work to find bipartisan solutions to keep our great crypto community right here in the United States.
2022-03-10T01:54:03.000Z

Tom Emmer
@GOPMajorityWhip
2) The EO places the “highest urgency” on the agencies to study CBDCs. Any commonsense analysis of a potential U.S. CBDC that is not open, permissionless, and private would illuminate that the very idea is an entire nonstarter and a disservice to Americans.
2022-03-10T01:54:02.000Z

Tom Emmer
@GOPMajorityWhip
3) Most fortunately, the EO doesn’t ask the SEC to weigh in. SEC Chair Gensler has spent the past year intimidating crypto innovators and entrepreneurs with his unproductive regulation by public statement and enforcement action. His input is not critical.
2022-03-10T01:54:02.000Z

Tom Emmer
@GOPMajorityWhip
Given this Admin’s regulatory posture toward the crypto community, we have no reason to assume that the directives in the EO will yield results that appropriately acknowledge the importance of leading w. digital asset policies that prioritize open, permissionless, & private tech.
2022-03-10T01:54:01.000Z

Tom Emmer
@GOPMajorityWhip
Sec. 1 findings of the EO are sound: We have a national interest in fostering digital asset innovation. The rest of the EO focuses on consumer protection, systemic risks, global competitiveness, international standards, and placing guardrails on code to make sure its resilient.
2022-03-10T01:54:00.000Z

Tom Emmer
@GOPMajorityWhip
(The @BlockCaucus has been advancing a pro-crypto legislative and oversight agenda for the past 8 years.)
2022-03-10T01:53:59.000Z

Tom Emmer
@GOPMajorityWhip
Crypto, tokenization, blockchain, NFTs, smart contracts, & stablecoins are powering a more viable economic structure with individual autonomy. As a country, it’s imperative that we develop a strategy to foster this innovation.
2022-03-10T01:53:59.000Z

Tom Emmer
@GOPMajorityWhip
As expected, this Executive Order directs various federal agencies to study benefits and risks of digital assets to our economy/global competitiveness and provide legislative recommendations.
2022-03-10T01:53:58.000Z

Tom Emmer
@GOPMajorityWhip
Just finished reviewing Biden’s Executive Order on Digital Assets… Here are a few thoughts:
2022-03-10T01:53:57.000Z

Tom Emmer
@GOPMajorityWhip
Crypto is one of the only ways to securely and reliably get funds into Ukraine. Let’s focus on that & not spew misinformation that has been discredited by Treasury officials.
2022-03-08T23:19:12.000Z

Tom Emmer
@GOPMajorityWhip
Another bad take. US-regulated crypto exchanges are compliant with sanctions -- that fact alone highlights the need to foster crypto innovation domestically and not push it offshore.
coindesk.com/policy/2022/03…
2022-03-08T23:19:11.000Z

Tom Emmer
@GOPMajorityWhip
Nothing makes the case for crypto more than a government freezing bank accounts to suppress free speech…

2022-02-15T15:52:24.000Z

Tom Emmer
@GOPMajorityWhip
Last week, I joined the @BanklessHQ podcast to discuss the future of crypto in the United States.
Listen here
https://t.co/iJVlhrtmsU

2022-02-14T18:27:53.000Z

Tom Emmer
@GOPMajorityWhip
The report:
Doesn't provide a definition for stablecoin
Asserts that both bank-like products & investment-like products could be stablecoins
Abuses this ambiguity to ask Congress to lump these assets together & hand them solely to the banks
I'm not on board with that.



2022-02-08T19:55:06.000Z

Tom Emmer
@GOPMajorityWhip
Today, I discussed the President’s Working Group Report on stablecoins' dangerous lack of nuance. See my remarks here
https://t.co/fNK9KVNjth

2022-02-08T19:55:05.000Z

Tom Emmer
@GOPMajorityWhip
Good to give Americans more access to the digital asset ecosystem through the traditional markets.
coindesk.com/markets/2022/0…
2022-02-07T19:26:17.000Z

Tom Emmer
@GOPMajorityWhip
We should logically be able to use crypto for everyday, small dollar transactions. Our tax code shouldn’t complicate that. Proud to support @RepDelbene’s very commonsense bill.

2022-02-03T17:44:44.000Z
Tom Emmer Jr. reposted the post below

Hester Peirce
@HesterPeirce
The string of bitcoin spot ETP denials has continued into 2022. The rationale underlying them doesn't get any better with time.
2022-01-28T21:06:06.000Z

Tom Emmer
@GOPMajorityWhip
Another day, another baseless rejection of a Bitcoin spot ETF.
2022-01-27T17:09:36.000Z

Tom Emmer
@GOPMajorityWhip
I joined a bi-partisan group urging @SecYellen to provide clarity on reporting requirements for crypto. The United States must create an environment where this technology can continue to thrive onshore. Read our letter here: emmer.house.gov/press-releases…
2022-01-27T16:26:36.000Z

Tom Emmer
@GOPMajorityWhip
I encourage the crypto community to provide comments and feedback to the Fed by May 20, 2022. federalreserve.gov/publications/f…
2022-01-21T18:39:41.000Z

Tom Emmer
@GOPMajorityWhip
My bottom line thought on the Fed’s CBDC report: We’ve waited a long time for this opaque report.
What this report really clarifies? The Fed seeks to fit the future of financial transactions in the US into the box of the legacy financial structure.
2022-01-21T18:39:40.000Z

Tom Emmer
@GOPMajorityWhip
Recently, I joined @ThinkingCrypto1 to discuss my new CBDC legislation, Bitcoin spot ETF, and the future of the @BlockCaucus. Listen to the podcast here: youtu.be/vpdpAwavtWU
2022-01-20T14:43:07.000Z
Tom Emmer Jr. reposted the post below

Cato CMFA
@CatoCMFA
Last week, @RepTomEmmer introduced legislation to prohibit the Federal Reserve from issuing a CBDC to individual customers. @norebertjmichel explains why such legislation would be a victory for liberty, innovation, and personal privacy. buff.ly/3rvzr8x

2022-01-19T19:33:03.000Z
Tom Emmer Jr. reposted the post below

Bitcoin Magazine
@BitcoinMagazine
The SEC refusing to approve a spot #bitcoin ETF is "driving American innovation and opportunity out of this country." - U.S. Congressman


2022-01-13T20:11:08.000Z
Tom Emmer Jr. reposted the post below

CoinDesk
@CoinDesk
LIVE: @RepTomEmmer proposes a bill to limit the Fed's ability to issue CBDCs, crypto's quantum computing problem and more.
First Bank's Wade Peery. @chaumdotcom of @elixxir_io and James Burnham of @JonesDay join "First Mover" on CoinDesk.TV: x.com/i/broadcasts/1…
2022-01-13T14:00:01.000Z

Tom Emmer
@GOPMajorityWhip
Requiring users to open an account at the Fed to access a United States CBDC would put the Fed on an insidious path akin to China’s digital authoritarianism.
2022-01-12T15:23:08.000Z

Tom Emmer
@GOPMajorityWhip
Any CBDC implemented by the Fed must be open, permissionless, and private. This means that any digital dollar must be accessible to all, transact on a blockchain that is transparent to all, and maintain the privacy elements of cash.
2022-01-12T15:23:08.000Z

Tom Emmer
@GOPMajorityWhip
Not only does this CBDC model raise “single point of failure” issues, leaving Americans’ financial information vulnerable to attack, but it could be used as a surveillance tool that Americans should never be forced to tolerate from their own government.
2022-01-12T15:23:07.000Z

Tom Emmer
@GOPMajorityWhip
CBDCs that fail to adhere to these three basic principles could enable an entity like the Federal Reserve to mobilize itself into a retail bank, collect personally identifiable information on users, and track their transactions indefinitely.
2022-01-12T15:23:07.000Z

Tom Emmer
@GOPMajorityWhip
As other countries, like China, develop CBDCs that fundamentally omit the benefits and protections of cash, it is more important than ever to ensure the United States’ digital currency policy protects financial privacy, maintains the dollar’s dominance, and cultivates innovation.
2022-01-12T15:23:07.000Z
Tom Emmer Jr. reposted the post below

Jeremy Allaire - jda.eth / jdallaire.sol
@jerallaire
Chairman Powell today - Dollar Stables and future CBDCs will co exist. We agree. But let’s get behind the digital dollars that are here and competing to be currencies of the internet…today…not years from now.
2022-01-12T00:35:33.000Z
Tom Emmer Jr. reposted the post below

Bitcoin Magazine
@BitcoinMagazine
Pro-#Bitcoin US Senator Tom Emmer: New legislation "coming soon"
2022-01-11T15:44:45.000Z

Tom Emmer
@GOPMajorityWhip
Today, I spoke @CES on the future of crypto regulation in the United States! #CES2022 [Photo credit: Consumer Technology Association]

2022-01-06T19:44:38.000Z

Tom Emmer
@GOPMajorityWhip
That said, we still have foundational questions to answer. What digital assets are securities/commodities/currency? Lots to figure out, but we have all of 2022 to gear up for it so we can pass critical legislation when the agenda and priorities change after the midterms.
2021-12-31T20:56:29.000Z

Tom Emmer
@GOPMajorityWhip
This Congress, I put pressure on our regulators on everything from crypto tax to BTC ETFs to crypto accounting standards and much more.
There's a lot of work to be done, and a focus on stablecoins, CBDCs, BSA/KYC, mining, and tax will be top of mind for Congress.
2021-12-31T20:56:27.000Z

Tom Emmer
@GOPMajorityWhip
3. @CongressmanGT 's bill, the Digital Commodities Exchange Act, gives the CFTC the authority to regulate crypto spot markets.
4. And finally, a SEC token safe harbor bill that takes an issuer from issuance to decentralization. McHenry has one that mimics Hester's proposal
2021-12-31T20:56:25.000Z

Tom Emmer
@GOPMajorityWhip
1. McHenry's Keep Innovation in America Act - this is a good fix for the crypto pay-for in the infrastructure bill.
2. My bill, the Securities Clarity Act - helps determine when a token is offered as part of a securities contract or not.
2021-12-31T20:56:24.000Z

Tom Emmer
@GOPMajorityWhip
Now for a recap of what's been done:
In 2021, Congress introduced 35 crypto bills. There are several bipartisan, industry supported proposals on the table. I have introduced three bipartisan crypto bills and have cosponsored many more. forbes.com/sites/jasonbre…
2021-12-31T20:56:22.000Z

Tom Emmer
@GOPMajorityWhip
4. Industry: Many incredible organizations educate Members + their staff. There are three keystone groups: @coincenter (a think tank), @BlockchainAssn and @DigitalChamber. More groups are coming on the scene to represent crypto interests. We are immensely grateful to all.
2021-12-31T20:56:20.000Z

Tom Emmer
@GOPMajorityWhip
3. Senate Banking + Finance Committees: In wake of the Infrastructure bill fiasco and misguided crypto tax amendment, key members on these committees spoke out and supported legislative fixes. This helped identify members willing to lead on crypto in the Senate.
2021-12-31T20:56:19.000Z

Tom Emmer
@GOPMajorityWhip
This may lead some to think crypto policy is becoming partisan - it is not. Education is key to orange pilling, and FSC's last crypto hearing reaffirmed that crypto is very much still nonpartisan.
2021-12-31T20:56:18.000Z

Tom Emmer
@GOPMajorityWhip
2. @FinancialCmte: Congress can't ignore crypto anymore. @PatrickMcHenry prioritized crypto policy for Republicans on the Committee. Maxine Waters, the Chair, followed suit to some degree, but Ds typically lean skeptical for investor protection and environmental reasons.
2021-12-31T20:56:15.000Z

Tom Emmer
@GOPMajorityWhip
Let's start with the different actors on the Hill moving crypto policy:
1. @BlockCaucus: We're a group of 40+ Republicans & Democrats who work together to advance a commonsense regulatory approach for web3. The Caucus's support has become instrumental to advancing web3 policy.
2021-12-31T20:56:13.000Z

Tom Emmer
@GOPMajorityWhip
I've been co-leading the bipartisan Blockchain Caucus with @RepDarrenSoto. As 2021 wraps up, I wanted to update you on the Caucus, my work and what we need to accomplish in 2022 to support crypto and web3 innovation in the US.
2021-12-31T20:56:12.000Z

Tom Emmer
@GOPMajorityWhip
Even when 60% of the world’s Bitcoin mining was forced out of China, the network remained reliable. This technology is capable of so much—if we let it. cnbc.com/2021/12/10/bit…
2021-12-30T13:44:13.000Z

Tom Emmer
@GOPMajorityWhip
Recently, I sat down with @PerianneDC at The Takeover @RealVision Conference to discuss the future of crypto and web3. You can view our conversation here - players.brightcove.net/6214935006001/…
2021-12-22T19:59:47.000Z

Tom Emmer
@GOPMajorityWhip
Thanks, Gary, for protecting investors from crypto, the best performing asset class on the market. You are really helping Americans buy homes, save for college, and plan for retirement.

SEC Chair Gary Gensler Archive
@GenslerArchive
Today we announced the new head of our Division of Investment Management @SECgov. I look forward to working closely w/ William to help ensure that investors can confidently save to buy homes, pay for college, or plan for retirement.
Welcome William to the SEC family!
Read more

2021-12-21T18:40:25.000Z
2021-12-21T19:23:35.000Z

Tom Emmer
@GOPMajorityWhip
45% of Crypto investors gave $1,000 or more to charity in 2020. At a time when charities are really struggling, we must continue to foster innovation that allows people to give back. cbsnews.com/news/charity-d…
2021-12-14T20:50:43.000Z

Tom Emmer
@GOPMajorityWhip
A light touch regulatory approach will allow the crypto industry to grow and thrive in the United States!
coindesk.com/policy/2021/12…
2021-12-08T23:06:56.000Z

Tom Emmer
@GOPMajorityWhip
Today in @FinancialCmte, I asked @SBF_FTX about the extensive guardrails in place protecting crypto spot markets from fraud and manipulation. The SEC cites this concern as the reason they are barring access to Bitcoin spot ETFs. See my remarks here: youtu.be/3-DbHH3xgA4
2021-12-08T21:45:29.000Z

Tom Emmer
@GOPMajorityWhip
Crypto is facilitating Web 3.0, which gives Americans ownership over their digital lives so Big Tech can’t continue to profit off of Internet users. I’ve been working on these issues since 2015 on the @financialcmte and as co-chair of the @blockcaucus.
2021-12-08T15:52:58.000Z

Tom Emmer
@GOPMajorityWhip
Crypto isn’t a passing fad, it’s a legitimate financial tool used by millions. At this morning’s hearing, I hope my colleagues in @FinancialCmte will join me in demanding regulatory clarity for crypto. youtube.com/watch?v=4oOTvt…
2021-12-08T15:32:07.000Z

Tom Emmer
@GOPMajorityWhip
Last week, I joined @tothestoics on @DWealthMuse to discuss the future of crypto & blockchain opportunities in the U.S.
dwealth.news/2021/12/episod…

2021-12-07T17:40:40.000Z

Tom Emmer
@GOPMajorityWhip
.@GaryGensler, I’m still waiting on your response to our Nov. 3 letter asking you to make sense of why Bitcoin futures ETFs are allowed to trade but not Bitcoin spot ETFs.
2021-12-03T19:08:31.000Z

Tom Emmer
@GOPMajorityWhip
The world isn’t going to wait for @GaryGensler to approve Bitcoin spot ETFs. Now, we’re seeing other nations leave us behind in real time.
cryptoslate.com/not-waiting-ar…
2021-12-03T17:20:21.000Z

Tom Emmer
@GOPMajorityWhip
Last month, I led a bipartisan letter with @RepDarrenSoto to @GaryGensler urging him to approve Bitcoin spot ETF applications.
2021-11-30T18:18:29.000Z

Tom Emmer
@GOPMajorityWhip
Withholding approvals for Bitcoin spot ETFs only shows the SEC’s baseless & wildly inconsistent approach to regulating crypto.

Craig Salm
@CraigSalm
Last night our attorneys at Davis Polk sent a letter to the SEC arguing that approval of #Bitcoin futures-based ETFs, but not #Bitcoin spot-based ETFs, like $GBTC, is “arbitrary and capricious,” and therefore in violation of the Administrative Procedure Act (APA).
2021-11-30T17:49:35.000Z
2021-11-30T18:17:49.000Z

Tom Emmer
@GOPMajorityWhip
RT @turanalmammadov: Today Congressman @RepTomEmmer will talk about crypto innovation and answer questions on OneThChain youtube live strea…
2021-11-22T18:43:54.000Z

Tom Emmer
@GOPMajorityWhip
All my work in the crypto space, including bills like the Securities Clarity Act or Safe Harbor for Taxpayers with Forked Assets Act which @Valkenburgh mentioned today, is to give this technology, this next great innovation, a chance to thrive and for Americans to thrive with it.
2021-11-17T20:08:34.000Z

Tom Emmer
@GOPMajorityWhip
.@Valkenburgh’s testimony today before @JECRepublicans underscored that crypto is just like every innovation that made America great: a product of our pioneers' ingenuity.
2021-11-17T20:06:16.000Z

Tom Emmer
@GOPMajorityWhip
Proud to join @FinancialCmte’s Digital Assets Working Group to offer guiding principles for a U.S. CBDC!
2021-11-15T20:05:57.000Z

Tom Emmer
@GOPMajorityWhip
While the trading of two Bitcoin futures ETFs in October is a step forward for the millions of Americans who want to invest in crypto through traditional methods, the onus is on the SEC, now more than ever, to allow Bitcoin spot ETFs to commence trading.
2021-11-03T16:44:23.000Z

Tom Emmer
@GOPMajorityWhip
Today I sent a letter to @GaryGensler with my @blockcaucus co-chair @RepDarrenSoto about Bitcoin ETFs. It doesn’t make sense that Bitcoin futures ETFs are allowed to trade but Bitcoin spot ETFs are not.



2021-11-03T16:44:10.000Z

Tom Emmer
@GOPMajorityWhip
It’s more than clear that any regulatory changes to crypto MUST be subject to Congressional oversight!
2021-11-01T20:50:48.000Z

Tom Emmer
@GOPMajorityWhip
On top of that, the PWG wants stablecoin issuers to register as banks. Meanwhile, #MichaelHsu at the OCC has halted all of the progress @BrianBrooksUS made with the OCC special purpose bank charter, which would provide qualifying fintechs to operate as national banks.
2021-11-01T20:50:29.000Z

Tom Emmer
@GOPMajorityWhip
With its stablecoin report, the PWG seems to try to force Congress to choose between handing over regulatory power to bureaucrats or risking the unchecked FSOC stamp out crypto innovation.
2021-11-01T20:50:01.000Z

Tom Emmer
@GOPMajorityWhip
My office is still reviewing the President's Working Group on Financial Markets stablecoin report, but here are some initial thoughts:
2021-11-01T20:49:50.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
Republican Leader @PatrickMcHenry on the Biden Administration's report on stablecoins:
"The President’s Working Group, led by Treasury, has taken a first step by putting the ball in Congress’ court."
Read more: …publicans-financialservices.house.gov/news/documents…
2021-11-01T20:19:37.000Z

Tom Emmer
@GOPMajorityWhip
I’ve said it before and I’ll say it again: crypto is not a partisan issue. Just look to the bipartisan @blockcaucus! finance.yahoo.com/news/crypto-to…
2021-10-20T16:31:27.000Z

Tom Emmer
@GOPMajorityWhip
Distributed ledgers allow us to easily and accurately trace crypto. Make no mistake, cash is still king for criminals—disappointing to see @RepCleaver spread misinformation about traceability at our @FinancialCmte hearing today.
2021-10-14T18:39:57.000Z

Tom Emmer
@GOPMajorityWhip
China’s regulatory crackdown took them off the map for crypto. It’s a cautionary tale—and we can’t allow it to be repeated in the U.S.
coindesk.com/business/2021/…
2021-10-13T18:51:40.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
Republican Leaders @PatrickMcHenry, @RepTomEmmer, and @WarrenDavidson request the U.S. Treasury clarify how stablecoins are categorized and the regulatory implications that flow from its classification.
Read the letter: …publicans-financialservices.house.gov/news/documents…
2021-10-13T18:41:48.000Z

Tom Emmer
@GOPMajorityWhip
Amazing to join leaders, innovators & trailblazers at Minnesota Blockchain’s Smart Contacts event in Minneapolis last night. The future of crypto will have a global impact, but it’s great to see the work that’s already happening in our own backyard.

2021-10-08T16:48:07.000Z

Tom Emmer
@GOPMajorityWhip
Watch me hold @GaryGensler accountable for how his leadership could devastate American crypto investors.
youtu.be/7AlUuE8hk04
2021-10-05T19:08:23.000Z

Tom Emmer
@GOPMajorityWhip
Clearly there is no path for digital asset securities to be traded anywhere, so it is clear that retail investors would be hurt by Gensler’s actions. @GaryGensler, step out of the way.
2021-10-05T18:52:05.000Z

Tom Emmer
@GOPMajorityWhip
Can a broker-dealer like Charles Schwab deal in a digital asset that has gone through SEC registration? Would they be able to trade these digital asset securities and custody them? No.
2021-10-05T18:50:44.000Z

Tom Emmer
@GOPMajorityWhip
.@GaryGensler thinks that most cryptocurrencies are securities. Let’s indulge his line of thinking for a moment just so we can see how harmful it is to everyday investors.
2021-10-05T18:50:01.000Z
Tom Emmer Jr. reposted the post below

The Digital Chamber
@DigitalChamber
We agree and so do the 50+ #crypto companies that joined us in urging FASB to issue accounting standards for digital assets shorturl.at/wBKLO
2021-10-05T17:37:56.000Z

Tom Emmer
@GOPMajorityWhip
.@GaryGensler, the FASB must prioritize crypto accounting standards. This is an easy step toward clarity for crypto investors.
2021-10-05T17:23:33.000Z

Tom Emmer
@GOPMajorityWhip
Great to join the team at @CoinDesk this morning to talk about my work to keep crypto permissionless, private & growing!

CoinDesk
@CoinDesk
“I do believe that they are trying to gain control over the cryptocurrency industry and direct it and that really isn’t conducive to growth and entrepreneurial activity and opportunity,” @RepTomEmmer told our "First Mover" show.
Report by @danielgkuhn
trib.al/aDbfkot
2021-10-01T16:17:20.000Z
2021-10-01T19:35:28.000Z

Tom Emmer
@GOPMajorityWhip
Saule Omarova’s nomination would be a death knell for private industry, consumer choice and crypto—the fact that she could be Dem’s pick is disappointing but not surprising.
2021-09-30T22:22:06.000Z

Tom Emmer
@GOPMajorityWhip
Today, I sent a bipartisan letter to Federal Reserve Chairman Jerome Powell highlighting the need for private sector digital asset innovation.



2021-09-28T15:53:36.000Z

Tom Emmer
@GOPMajorityWhip
Decentralized digital assets like crypto give everyday investors democratic access to financial services. Government action must support private sector innovation, not compete with it. emmer.house.gov/press-releases…
2021-09-28T14:32:56.000Z

Tom Emmer
@GOPMajorityWhip
Digital. Authoritarianism. China is forcing its citizens away from decentralized currency and onto the digital yuan so the CCP can track all money movements. You fear Big Brother? Then you should also fear what the Fed might be designing.
wsj.com/articles/china…
2021-09-24T14:00:22.000Z

Tom Emmer
@GOPMajorityWhip
What is a security? What is a digital asset? How can we craft a framework that keeps crypto accessible for millions of Americans?
Thank you to @faryarshirzad & the team at @Coinbase for meeting with me today to discuss the future of innovation-friendly regulations.

2021-09-22T15:59:24.000Z
Tom Emmer Jr. reposted the post below

Abraham Sutherland
@abesutherland
The infrastructure bill passed by the Senate and now pending in the House contains an overlooked “digital assets” provision that would be a disaster if it becomes law.
2021-09-17T15:03:33.000Z
Tom Emmer Jr. reposted the post below

CoinDesk
@CoinDesk
“Crypto’s not partisan,” says @RepTomEmmer.
The infrastructure bill was crypto’s gateway to the Senate floor. Where will it go next? Congressman Emmer joins #MoneyReimagined for a conversation on crypto, Coinbase and more. @mikejcasey @sheila_warren
trib.al/zqVYXvx

2021-09-10T17:27:43.000Z

Tom Emmer
@GOPMajorityWhip
When @POTUS abandoned Kabul and it fell to the Taliban, many Afghan civilians' ability to access their life savings through traditional financial systems crumbled. Now, crypto is a lifeline for innocent Americans and Afghans.
2021-09-10T15:16:33.000Z

Tom Emmer
@GOPMajorityWhip
RT @BlockCaucus: Will be posting about our briefings, letters, bills, and crypto action on the Hill.
2021-08-30T21:41:05.000Z

Tom Emmer
@GOPMajorityWhip
Proud to join @RepDarrenSoto to reintroduce the U.S. Virtual Currency Market and Regulatory Competitiveness Act, which directs the @CFTC to recommend crypto guidance that allows the industry to thrive.
2021-08-27T20:30:38.000Z

Tom Emmer
@GOPMajorityWhip
Crypto investors deserve a competitive, innovation-driven regulatory framework.
2021-08-27T20:30:17.000Z

Tom Emmer
@GOPMajorityWhip
Crypto-based crime represented only 0.34% of the entire transaction volume in 2020. Unfortunately, most crime is still conducted with the cash you print.
coindesk.com/minneapolis-fe…
2021-08-19T20:28:16.000Z

Tom Emmer
@GOPMajorityWhip
“The opportunities that crypto provides for people to be involved in the financial system are unlimited—if the government gets out of the way.”
Listen to my conversation with @ThinkingCrypto1 about the future of crypto here
hyoutube.com/watch?v=G-y-6Z…https://t.co/qeOQ9wh0GG


Tony Edward (Thinking Crypto Podcast)
@ThinkingCrypto1
I had a great time interviewing Congressman Tom Emmer @RepTomEmmer
WATCH
hyoutu.be/G-y-6Zn_71s
We discuss:
- US #Crypto Regulations
- Infrastructure Bill
- Securities Clarity Act
- #SEC #Ripple #XRP
- #Bitcoin adoption and mining
- #Blockchain Voting & much more
@tomemmer https://t.co/jyWGpYpaAC

2021-08-12T12:25:18.000Z
2021-08-12T17:33:23.000Z

Tom Emmer
@GOPMajorityWhip
Crypto is not a partisan issue – the bipartisan Blockchain Caucus is working to educate Members so we can fix this dangerous provision when it comes to the House.
2021-08-09T21:30:25.000Z

Tom Emmer
@GOPMajorityWhip
The House must consider amendments to this provision that exempt entities that don’t conduct crypto transactions and keep blockchain software development, cryptocurrency mining, and more in the United States.
2021-08-09T21:30:10.000Z

Tom Emmer
@GOPMajorityWhip
I, along with bipartisan Blockchain Caucus co-chairs @RepDarrenSoto, @RepDavid, and @RepBillFoster sent a letter to every single Representative in the House raising concerns about the Senate infrastructure bill being paid for by our crypto industry.


2021-08-09T21:29:54.000Z
Tom Emmer Jr. reposted the post below

Pat Toomey (US Sen. ret.)
@SenToomey
While I appreciate that my colleagues and the White House have acknowledged their original crypto tax had flaws, the Warner-Portman amendment picks winners and losers based on the type of technology employed. That’s horrible for innovation.
2021-08-06T19:44:50.000Z

Tom Emmer
@GOPMajorityWhip
The Warner-Portman amendment picks winners and losers. The Wyden-Lummis-Toomey amendment keeps #crypto opportunities onshore. The choice is easy.
2021-08-07T01:17:29.000Z
Tom Emmer Jr. reposted the post below

Hester Peirce
@HesterPeirce
@nlw Nice to see @GaryGensler addressing crypto issues, but the existing securities laws don't work well for certain aspects of crypto & people's freedom to interact using new technology has produced the innovation at the core of our prosperity. Looking forward to working together.
2021-08-03T18:49:11.000Z
Tom Emmer Jr. reposted the post below

CoinDesk
@CoinDesk
LIVE: Updated U.S. infrastructure bill narrows crypto reporting requirements, People's Bank of China says it will keep high pressure on crypto trading and more.
@RepTomEmmer, @jdorman81 and @CathyHackl join "First Mover" on CoinDesk.TV:
2021-08-02T13:00:28.000Z

Tom Emmer
@GOPMajorityWhip
Bottom line: trying to offset the infrastructure package's out-of-control spending on the backs of everyday #crypto investors and innovators will do nothing but leave our country in the dust.

CoinDesk
@CoinDesk
The new infrastructure deal in Washington includes a proposal to generate $30 billion through increased taxes on crypto transactions.
@nikhileshde @realDannyNelson report
trib.al/xS274sz
2021-07-28T21:28:51.000Z
2021-07-28T23:41:50.000Z
Tom Emmer Jr. reposted the post below

The Digital Chamber
@DigitalChamber
We applaud @RepTomEmmer @RepDarrenSoto and @RoKhanna for taking an important step forward toward clarity for #crypto and digital tokens .. check out the Securities Clarity Act legislation they introduced today. iqconnect.house.gov/iqextranet/vie…
2021-07-15T17:31:20.000Z

Tom Emmer
@GOPMajorityWhip
My bill, the Securities Clarity Act, establishes a framework for the SEC to swiftly determine what digital assets are securities. Visit my website to learn more: emmer.house.gov/the-securities…
2021-07-15T15:26:13.000Z
Tom Emmer Jr. reposted the post below

The Block
@TheBlock__
FEATURE: Rep. Tom Emmer explains why a generational divide is setting the tone on crypto in Congress
@the_postman_ interviews @RepTomEmmer
theblockcrypto.com/daily/110720/r…
2021-07-08T13:00:25.000Z

Tom Emmer
@GOPMajorityWhip
ICYMI: Last week, I led a @FinancialCmte hearing on how Congress must set the regulatory stage for #crypto innovation. Read more here, via @coindesk: coindesk.com/state-of-crypt…
2021-07-07T14:31:30.000Z

Tom Emmer
@GOPMajorityWhip
The FSOC is not the appropriate body to craft #crypto regulation. It’s unchecked and lacks transparency. In January, I reintroduced the FSOC Reform Act to enhance congressional oversight. Read more here: emmer.house.gov/2021/1/emmer-i…
2021-06-30T21:24:36.000Z

Tom Emmer
@GOPMajorityWhip
Today, I led a hearing in the @FinancialCmte exploring how we can support American #crypto innovation. Watch here
https://t.co/kLggaoYwrC

2021-06-30T19:56:31.000Z

Tom Emmer
@GOPMajorityWhip
The U.S. must prioritize streamlined regulation to keep up with the pace of #Crypto innovation, or tech jobs will be sent overseas & everyday Americans will be robbed of capital formation opportunities.
2021-06-30T19:44:00.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
During today's #crypto hearing, #SubOI Republican Leader @RepTomEmmer & @coincenter's @valkenburgh outline GOP proposals to ensure regulatory clarity to foster innovation:
The Securities Clarity Act
The Digital Commodities Exchange Act
Watch
https://t.co/0TKSN8OMW2





2021-06-30T17:44:33.000Z
Tom Emmer Jr. reposted the post below

Financial Services GOP
@FinancialCmte
#SubOI Republican Leader @RepTomEmmer at today's hearing on #crypto:
"FinTech and cryptocurrency are the future of finance."
Watch his opening remarks



2021-06-30T14:38:32.000Z

Tom Emmer
@GOPMajorityWhip
Read more about my work to secure straightforward regulations for everyday #crypto investors here, via @theHill: thehill.com/blogs/congress…
2021-06-25T21:19:51.000Z

Tom Emmer
@GOPMajorityWhip
I’m happy to announce that I have secured a comment period on #crypto accounting standards from @FAFNorwalk, so businesses can offer vital input on this quickly-evolving technology. Read more here: emmer.house.gov/press-releases…
2021-06-25T16:46:43.000Z

Tom Emmer
@GOPMajorityWhip
Let’s start by providing straightforward accounting standards for the growing number of American companies with #crypto on their balance sheets. You can look to the letter I sent you in May for ideas.

FASB, GASB, and FAF
@FAFNorwalk
We need your help:
What reporting issues should #FASB prioritize in order to address stakeholders' financial accounting and reporting needs?
Learn more: bit.ly/2SohsDA
2021-06-24T19:30:12.000Z



2021-06-24T23:57:28.000Z
Tom Emmer Jr. reposted the post below

Rep. Darren Soto
@RepDarrenSoto
Our #blockchain & #cryptocurrency bills with @RepGuthrie & @WarrenDavidson just passed the House as part of @RepMcNerney’s #ConsumerSafetyTechnologyAct. US must remain on the forefront of emerging technologies by fostering innovation & ensuring consumer protection.

2021-06-22T23:05:23.000Z

Tom Emmer
@GOPMajorityWhip
ICYMI: The Fed must act to keep America a leader in the #crypto space. Read more here, via @rollcall rollcall.com/2021/06/15/dig…

2021-06-24T14:35:56.000Z

Tom Emmer
@GOPMajorityWhip
The IRS requires taxpayers to have crypto appraised for charitable giving when the price is easily accessible on a bitcoin exchange. Last week, I urged them to provide straightforward standards for reporting the use of #cryptocurrency. More via @CoinDesk: coindesk.com/emmer-congress…
2021-06-17T18:32:23.000Z

Tom Emmer
@GOPMajorityWhip
Either we can go far together or go nowhere alone. If @RepMaxineWaters cared about furthering #crypto issues she would have reached across the aisle for her #DigitalAssets Working Group—just like we do in the bipartisan #Blockchain Caucus every day. Thanks for the invite, Maxine.

U.S. House Committee on Financial Services
@USHouseFSC
2021-06-16T14:29:22.000Z
2021-06-16T16:36:36.000Z
Tom Emmer Jr. reposted the post below

The Digital Chamber
@DigitalChamber
We are proud to support @RepTomEmmer in removing hurdles for donors who want to contribute #crypto to charities. His proposed solution will help charitable orgs receive donations from new sources. We are thankful for his leadership!
2021-06-11T16:00:26.000Z

Tom Emmer
@GOPMajorityWhip
.@POTUS wants to spend an additional $80 BILLION @IRSnews on enforcement and audits for everyday #crypto investors. His administration should focus on clarifying regulations for #cryptocurriences so that investors actually know how to obey the law. washingtonpost.com/us-policy/2021…
2021-06-11T13:50:07.000Z

Tom Emmer
@GOPMajorityWhip
Today, I wrote a letter to IRS Commissioner Charles Rettig asking him to streamline the tax structure surrounding #crypto donations so donors don’t have to have their donation appraised, but rather, can reference the easily accessible and verifiable #bitcoin exchange price.
2021-06-10T15:07:09.000Z

Tom Emmer
@GOPMajorityWhip
Virtual currency and #blockchain technology can expand access to credit for underserved and unbanked Americans. Those engaging with #Crypto should have the freedom to donate to causes they believe in, and our government should support charitable giving, not limit it.
2021-06-10T15:05:49.000Z

Tom Emmer
@GOPMajorityWhip
Great to join @CoinDesk #CDTV this morning to talk about my work to ensure regulatory certainty for everyday #crypto investors & keep innovation in the US.

CoinDesk
@CoinDesk
"The worst thing government can do to the marketplace is create uncertainty," Minnesota Congressman @RepTomEmmer says on #CDTV, explaining the reintroduced tax protections for forked assets act.
Watch the full spotlight, sponsored by @NexoFinance: coindesk.com/video/rep-tom-…
2021-06-01T16:07:34.000Z
2021-06-01T17:50:43.000Z
Tom Emmer Jr. reposted the post below

CoinDesk
@CoinDesk
LIVE: SEC sues five individuals over $2 billion Bitconnect ponzi, the bitcoin-ether "flippening" debate and more.
@LisaBraganca, @RepTomEmmer and Zerocap CEO Ryan McCall join "First Mover" on CoinDesk.TV: x.com/i/broadcasts/1…
2021-06-01T13:00:44.000Z
Tom Emmer Jr. reposted the post below

Laura Shin
@laurashin
Congressman @RepTomEmmer believes crypto “is the future.”
On Unchained, he discusses:
- his idea to fix BTC corporate acct.
- why he believes tokens are not securities
- his view on the FATF perhaps requiring DeFi devs to register as money transmitters
buff.ly/3yJtcRt

2021-05-28T12:59:16.000Z