Republican Rep. Tom Emmer calls government agency's investigation of Bitcoin miners 'an abuse of power'
Congressman Tom Emmer, Republican representative from Minnesota, expressed dissatisfaction with the recent authorization by the US Office of Management and Budget (OMB) to collect data from US Bitcoin mining companies.
75 U.S. lawmakers have backed Tom Emmer’s proposed CBDC anti-surveillance bill
75 US lawmakers have now supported the CBDC Anti-Surveillance Act. Representative Tom Emmer, who proposed the bill, wrote on X platform on Saturday: "I have introduced the CBDC Anti-Surveillance National Act to protect Americans' financial privacy rights, and it has 75 legislative supporters. We will continue to gain more support." Emmer emphasized: "Unlike decentralized cryptocurrencies, central bank digital currencies are digital forms of sovereign currencies designed and issued by governments, and traded on government-controlled digital ledgers. In short, central bank digital currencies are programmable currencies controlled by governments, and if not designed to mimic cash, they may enable the US federal government to monitor and restrict Americans' transactions." <br>
Crypto-Friendly Congressman Tom Emmer Wins Nomination as Speaker of the U.S. House of Representatives
On October 25th, it was announced that Tom Emmer, a cryptocurrency-friendly Republican representative from Minnesota, has been nominated for Speaker of the United States House of Representatives. However, Emmer must receive at least 217 Republican votes in the House to be officially elected. It is reported that Emmer has expressed support for digital assets on many occasions and opposes the mandatory regulatory methods of the SEC and its chairman, Gary Gensler.
Pro-crypto Republican Congressman Tom Emmer seeks nomination to become House Speaker
According to Golden Finance News, cryptocurrency supporter and Republican Congressman from Minnesota, Tom Emmer, is seeking the nomination to become the Speaker of the House. A Republican source who is familiar with the situation confirmed to the media outlet MPR News that Emmer has started reaching out to Republican members of the House about his candidacy for Speaker. It is noted that no Minnesota congressman has ever held such a high position in the US House of Representatives.
Emmer is reportedly the co-chair of the Congressional Blockchain Caucus and during his time as chairman of the National Republican Congressional Committee, he promoted cryptocurrency donations to the committee.
