Crypto advocate Tom Emmer named vice chair of crypto and AI subcommittee
United States Representative Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence. Emmer expressed optimism about the future of digital assets under American guidance, particularly with President Trump taking office and former SEC Chair Gary Gensler out of the picture. Chairman French Hill announced this appointment as part of the subcommittee's formation in 2023, which is tasked with overseeing crypto assets and related technologies, as well as examining AI in financial services. Hill emphasized the importance of crafting a regulatory framework that bolsters America’s innovation leadership while protecting consumers. In related discussions, Congressman Bryan Steil also underscored the urgency for U.S. lawmakers to establish a regulatory structure for cryptocurrencies, positioning the committee's priorities for 2025 around this initiative. As the House and Senate prepare for the upcoming presidential administration, swift action on regulatory matters for digital assets is anticipated.
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