In the News

WASHINGTON — Today, Majority Whip Tom Emmer (R-Minn.) joined House Republican leadership to discuss the urgent need for Congress to establish a regulatory framework for digital assets to position the United States as the crypto capital of the world.

Click here or above to watch Whip Emmer’s remarks.

Whip Emmer: “‘Crypto’s footing slips on the Hill’ reports read this morning. As a member of the most pro-crypto Congress ever, I wholeheartedly reject that premise. I want to remind everyone listening: crypto is not right or left, Republican or Democrat. It is the future—and it’s for everyone. In an increasingly digital world, America must step up as the leader in digital asset innovation and investment. President Trump vowed to make America the “crypto capital of the world,” and since day one, he’s delivered by reversing Joe Biden and Gary Gensler’s anti-crypto crusade. From signing a bill into law that repeals the Biden-era IRS rule that chilled DeFi innovation to signing executive orders that create a ‘strategic reserve’ of crypto and prohibit the establishment of a central bank digital currency, President Trump is positioning the United States as the world leader in digital assets. These are moves that can and should be celebrated by all of us. As the most pro-crypto, pro-innovation Congress ever elected, we are already taking bipartisan steps, I would argue nonpartisan steps, to ensure digital asset policy champions decentralization and open, permissionless, and private innovation. This is the only viable path forward. By originating the regulatory framework for crypto here in Congress, the future of digital assets will be determined by the American people and their Representatives—as it should be. The moment to get this done is now, and we need to get it done together. If we fail to provide clarity that protects innovators and consumers alike, the future of crypto, and the opportunities it brings, will belong to another nation. To deliver on President Trump's crypto promises—promises that individuals in both parties can get behind—Congress must keep taking steps closer to getting a nonpartisan, you guys like to report bipartisan, regulatory framework across the finish line, and quickly.”

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