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ICYMI: Emmer plans crypto rider for SEC

WASHINGTON – In case you missed it, Politico previewed Majority Whip Tom Emmer’s plans to sponsor an amendment to the FY 2024 Financial Services and General Government appropriations bill that restricts the Securities and Exchange Commission's (SEC) use of funds on digital asset enforcement until there are clear rules and regulations in place.

In case you missed it…

Exclusive: Emmer plans crypto rider for SEC
Politico
Victoria Guida and Zachary Warmbrodt
September 8, 2023
https://www.politico.com/newsletters/morning-money/2023/09/08/fed-politics-00114646

Declan also reports that House Majority Whip Tom Emmer plans to push for new restrictions on the SEC’s ability to bring crypto enforcement cases as part of an upcoming funding bill for the agency. The outspoken crypto ally wants to tie the SEC’s hands until “clear rules and regulations” are in place, according to the Minnesota Republican’s office.

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