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Crypto-friendly Republican Rep. Tom Emmer plans to run for U.S. House Speaker

Cryptocurrency-friendly Republican Congressman Tom Emmer plans to run for Speaker of the US House of Representatives. The current interim Speaker McHenry does not have the power to push legislation through the House, which has resulted in the stagnation of various bills including those related to cryptocurrency. This highlights the importance of electing a new Speaker. Emmer has shown support for digital assets on numerous occasions and opposes the SEC and its chairman Gary Gensler's regulatory approach. 

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