'Pro-Crypto' Tom Emmer Appointed as Vice Chair of the U.S. House Financial Services Committee's Digital Assets Subcommittee

Uk Jin

Summary

It was reported that Tom Emmer was appointed as the Vice Chair of the House Financial Services Committee's Digital Assets Subcommittee.
The House Financial Services Committee announced that it oversees the development and use of financial technologies related to cryptocurrencies.
Tom Emmer emphasized that the United States has an opportunity to lead the future of digital assets.

Tom Emmer, a prominent 'pro-cryptocurrency' politician in the United States, has been appointed as the Vice Chair of the House Financial Services Committee's Digital Assets Subcommittee.

On the 15th, according to the cryptocurrency-focused media outlet Cointelegraph, French Hill, Chairman of the Financial Services Committee, announced the appointment of subcommittee vice chairs and assignments through the official website. Tom Emmer was appointed as the Vice Chair.

The House Financial Services Committee was established in 2023 to oversee the development and use of financial technologies related to cryptocurrencies and to explore the use of artificial intelligence (AI) in financial services.

Tom Emmer expressed his thoughts on X (formerly Twitter), saying, "I am honored to be elected as the Vice Chair of the Financial Services Committee's Digital Assets Subcommittee," and emphasized, "With Donald Trump's White House behind us and Gary Gensler ousted, the United States has an opportunity to lead the future of digital assets."