Does Tom Emmer Jr. Support Crypto?

Tom Emmer Jr.

@RepTomEmmer

RT @jerrybrito: This is why we must make sure that any crypto legislation next Congress must include @GOPMajorityWhip’s Blockchain Regulato…

2024-11-27T23:49:43.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

.@realDonaldTrump will be the first pro-crypto President. pic.x.com/BzcL0QvrMf

2024-11-25T16:36:14.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The American people gave President Trump and Congress a mandate. We will prevent the creation of a CBDC, give American entrepreneurs the clarity they need to grow, and dismantle the Administrative State that has stalled innovation.

2024-11-21T17:29:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Gruenberg got fired the moment 76 million Americans voted to send President Trump back to the White House and end the Biden-Harris administration’s war on crypto once and for all. politico.com/newsletters/mo…

2024-11-20T18:08:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Happy 16th Anniversary to Satoshi’s Bitcoin White Paper! I am confident that Bitcoin and digital assets have a bright future here in the United States.

2024-10-31T20:41:30.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Kamala Harris’ ignorance is on full display. Crypto is for ALL Americans. pic.x.com/iALAj7grp2

2024-10-16T17:07:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

REMINDER: A CBDC would give unelected bureaucrats in D.C. the ability to monitor and restrict Americans’ *individual purchases*. Our CBDC Anti-Surveillance State Act prevents this and defends against the ever-expanding government surveillance state. x.com/FinancialCmte/…

2024-10-07T20:03:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @BlockchainAssn: Live from #Mainnet2024, @KMSmithDC and @GOPMajorityWhip discuss the crypto voter and the bipartisan case for Congressio…

2024-09-30T16:25:14.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

What @GaryGensler doesn’t understand is fighting against crypto innovation in America isn’t going to put a stop to it… he is only going to push crypto innovation off American soil.

2024-09-28T16:06:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Problem 5. NO ONE in Gensler’s leadership has been fired for this absolutely disgraceful situation against a digital asset firm.

2024-09-24T17:46:21.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

That was @SECGov’s bread and butter until recently when the SEC admitted regret for confusing the marketplace with its use of Gensler’s made-up term “crypto asset security,” even though that is EXACTLY what Gensler tried and failed to establish many times. The SEC lies again.

2024-09-24T16:31:07.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Then he invented the term “crypto asset security” out of thin air. This term does not exist in statute and has not been defined anywhere, including within the SEC. Gensler just made it up and then used it as the basis for his entire “regulation by enforcement” strategy.

2024-09-24T16:30:37.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

If @GaryGensler’s mouth is moving, he is likely lying. In 2021, Gensler came to the @FinancialCmte and told us he doesn’t believe he has the authority to regulate and police the digital asset industry. That was clearly a lie. x.com/GOPMajorityWhi…

2024-09-24T16:30:12.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

America is ready for its first Crypto President. x.com/WatcherGuru/st…

2024-09-18T21:43:10.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

.@JoeRogan is right — a central bank digital currency is terrifying. That's why we led the CBDC Anti-Surveillance State Act to prevent the Fed from ever issuing one. The House passed our bill earlier this year. The Senate should follow suit. pic.x.com/umew0zljs7

2024-09-18T21:22:50.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

We need to draw our government back and let people take chances. Grateful for the opportunity to discuss the future of digital asset policy on the @P2PPolicyPod this morning. pic.x.com/6gcx2ut6xk

2024-09-17T17:34:54.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

If history is any guide, Kamala Harris will throw her political weight behind an Elizabeth-Warren-style approach to digital assets. She was widely known as the most liberal member of the United States Senate before the media started running cover for her.

2024-07-31T17:30:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The nexus between AI and digital assets seems necessary and inevitable. The convergence of blockchain and AI can not only improve the trustworthiness of data, but the decentralization of AI data can mitigate single-point-of-failure security issues. theblock.co/post/307031/di…

2024-07-30T21:00:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Weeding out bad actors on chain requires a clear understanding of their goals. Proud to support @ZachNunn’s Financial Technology Protection Act to create a working group to help drill down on potentially illicit uses of digital assets and find strategies to prevent it.

2024-07-23T21:00:01.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Artificial intelligence and digital assets are leading us toward a powerful global digital economy. As AI continues to be integrated into our lives, blockchain technology will play an important role in ensuring that AI data is authentic, immutable, traceable, and transparent. pic.twitter.com/XRJBBJSaAe

2024-07-23T18:01:14.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Great to see the @SECgov adjust course and allow ETH Spot ETFs to begin trading today. On second thought, we should actually be thanking the courts. Gary Gensler has got to go.

2024-07-23T14:16:08.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

If I had to create a tagline for the Biden administration’s digital assets agenda, it would be: The administrative state OVER the American people.

2024-06-26T19:30:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The Biden Administration has proven that they are eager to trade Americans' financial privacy for a big government, communist-style CBDC. The House has taken action to prevent this. It is time for the Senate to do the same. thehill.com/opinion/472465…

2024-06-17T20:00:01.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Unelected bureaucrats in Washington D.C. should NOT be able to tell you what you can and can’t do with your money. The time for crypto-friendly, stablecoin-friendly, digital asset-friendly legislation is here. semafor.com/article/06/05/…

2024-06-07T19:00:01.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Crypto is not bipartisan, it’s nonpartisan. We need to ensure it stays that way. pic.twitter.com/gGYxJeJbA9

2024-05-30T19:49:08.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The idea of a central bank digital currency is more than alarming, it is downright un-American. I thank my colleagues who helped pass our CBDC Anti-Surveillance State Act this week. Digital currency policy must remain in the hands of the American people. foxbusiness.com/politics/house…

2024-05-26T13:00:01.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Secretary Yellen is being dishonest when she says the Biden administration hasn't taken a position on central bank digital currencies. This administration has made CLEAR they're willing to trade American’s right to financial privacy for a surveillance-style CBDC. pic.twitter.com/ANChvqG5nY

2024-05-24T21:00:01.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

BREAKING: The House of Representatives just passed our CBDC Anti-Surveillance State Act.

2024-05-23T17:55:50.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"Greater financial inclusion and fairness can be achieved without sacrificing citizens' privacy. The CBDC Anti-Surveillance State Act is an important first step towards restoring that privacy..." - @Restore_the4th

2024-05-23T16:33:26.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"By barring the Federal Reserve from issuing a U.S. CBDC to consumers, the CBDC Anti-Surveillance State Act would avoid the unnecessary risks to consumers and small businesses that a U.S. CBDC would pose. We thank Rep. Emmer for introducing this important legislation..." - @ICBA

2024-05-23T16:33:25.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"Heritage Action supports the CBDC Anti-Surveillance State Act and will include COSPONSORSHIP of this legislation on our legislative scorecard…The CBDC Anti-Surveillance State Act protects individual liberty and prevents threats of government coercion..." - @Heritage_Action

2024-05-23T16:33:25.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"We support the CBDC Anti-Surveillance State Act – legislation aimed at preventing a CBDC from being issued in the United States. Blockchain Association thanks Majority Whip Emmer for his continued leadership on this critical issue." - @BlockchainAssn

2024-05-23T16:33:24.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"...creation of a CBDC represents a massive expansion of government control over the economy, and it would trample on individuals’ rights...It is for these reasons we urge you to support…H.R. 5403, the CBDC Anti-Surveillance State Act." - @AFPhq

2024-05-23T16:33:23.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"The CBDC Anti-Surveillance State Act is also necessary legislation. CBDCs not only crowd out private cryptocurrencies, but they are also an existential threat to consumer privacy protections." - @taxreformer, along with a coalition of conservative organizations

2024-05-23T16:33:23.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"ABA believes strongly that a CBDC...is unnecessary in the United States and would present unacceptable risks and costs to the financial system...the ABA welcomes and strongly supports H.R. 5403, the CBDC Anti-Surveillance State Act..." - @ABABankers

2024-05-23T16:33:23.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"ALEC Action urges strong support for H.R. 5403, which would protect American citizens from the significant privacy and surveillance concerns inherent to central bank digital currencies (CBDCs)." - @ALEC_Action

2024-05-23T16:33:22.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"We must never emulate the Chinese Communist Party’s social credit system, which they weaponize to punish citizens who disagree with the government by cutting them off from the economy. The CBDC Anti-Surveillance State Act would stop this dangerous behavior." - @A1Policy

2024-05-23T16:33:22.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The House is getting ready to vote on my CBDC Anti-Surveillance State Act. We’ll be one step closer to ensuring unelected bureaucrats are NEVER allowed to trade Americans' financial privacy for a surveillance-style CBDC. Here’s what key stakeholders are saying about our bill:

2024-05-23T16:33:22.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Today, my CBDC Anti-Surveillance State Act will receive a vote in the House of Representatives. See my remarks during the debate of the legislation below: pic.twitter.com/tyCTgZIP30

2024-05-23T16:02:20.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @RepJeffDuncan: This week, the House will vote on HR 5043 the CBDC Anti-Surveillance State Act which prohibits a central bank digital cu…

2024-05-23T15:41:35.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @RepStefanik: House Republicans are defending Americans’ financial privacy with H.R. 5403, the CBDC Anti-Surveillance State Act. I’m pr…

2024-05-23T15:41:28.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @Heritage_Action: The CBDC Anti-Surveillance State Act will safeguard Americans' financial privacy in the face of potential surveillance…

2024-05-22T21:03:21.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The Biden Administration has proven they are itching to trade Americans’ right to privacy for a CCP-style CBDC surveillance tool. The @HouseGOP is not going to let that happen. pic.twitter.com/3QEoNbCSgO

2024-05-22T14:41:12.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @RepMaxMiller: This week I look forward to supporting @GOPMajorityWhip's CBDC Anti-Surveillance State Act to keep government in check.…

2024-05-22T12:16:41.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

A central bank digital currency would give unelected bureaucrats in D.C. the ability to monitor and restrict the American people's *individual purchases*. Our CBDC Anti-Surveillance State Act prevents this and defends against the ever-expanding government surveillance state. pic.twitter.com/T58C3xWSWU

2024-05-21T21:20:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @rep_stevewomack: CBDCs are a CCP-style surveillance tool that can be weaponized to oppress the American way of life. I'm a proud cospo…

2024-05-21T21:12:43.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @PatrickMcHenry: This week, the House is taking a monumental step towards providing regulatory clarity for the U.S. digital asset ecosys…

2024-05-21T21:12:29.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

We don’t make trade-offs with American’s rights. This week, we will pass our CBDC Anti-Surveillance State Act to prohibit unelected bureaucrats at the Fed from stripping the American people of their right to financial privacy.

2024-05-21T17:45:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @club4growth:

Key Vote Alert! We're urging all Representatives to vote yes on the #CBDC Anti-Surveillance State Act. The creation of a…

2024-05-21T01:29:25.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @RepMarkGreen: This week, I will be voting in favor of the CBDC Anti-Surveillance State Act—a bill to ensure the Fed cannot create CBDCs…

2024-05-20T23:25:51.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Any central bank digital currency that is not open, permissionless, and private-like cash-is nothing more than a big government surveillance tool. This week, the @HouseGOP will take action to prevent the Fed from ever issuing one by passing our CBDC Anti-Surveillance State Act. pic.twitter.com/d55gwBOAUz

2024-05-20T22:40:57.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @FinancialCmte: This week, @HouseGOP will take action to protect consumers and foster innovation with two landmark digital asset bills,…

2024-05-20T16:50:10.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @RepFeenstra: I'm a proud supporter of @GOPMajorityWhip's CBDC Anti-Surveillance State Act. We do not need a central bank digital curre…

2024-05-20T16:30:57.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The idea of a central bank digital currency is more than alarming, it is down-right un-American. This week, the @HouseGOP will uphold the American values of privacy, individual sovereignty, and free-market competitiveness by passing my CBDC Anti-Surveillance State Act.

2024-05-20T15:45:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Crypto has shifted economic power from centralized institutions back into the hands of the people. The CBDC Anti-Surveillance State Act, the Securities Clarity Act, and FIT21 will provide the regulatory certainty needed to ensure that web3 is designed with our American values.

2024-05-19T17:00:01.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

This week, the House will take up two of my landmark pieces of legislation. -The CBDC Anti-Surveillance State Act -The Securities Clarity Act These bills will ensure the future of crypto is determined by the American people – not @POTUS and the Administrative State.

2024-05-18T14:00:02.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Crypto is in the middle of a policy tug-of-war between the Administrative State and the American people. Congress just passed the SAB 121 repeal on a bipartisan basis. If Biden vetoes, it proves he wants to kill opportunities for Americans at the expense of Americans.

2024-05-16T16:38:10.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Digital asset innovation is a nonpartisan issue and we must work that way in Congress to ensure the digital asset ecosystem can thrive here in the United States.

2024-05-08T19:08:09.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Today, we will vote to overturn @GaryGensler’s illegal SAB 121 rule. This rule prevents banks from safeguarding digital assets for their customers, which only increases concentration risk in our market and puts American digital asset holders in a vulnerable position.

2024-05-08T19:08:01.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

These Wells notices seem to be Gary Gensler's desperate, last-ditch attempts to intimidate and antagonize digital asset innovators. x.com/TheBlock__/sta…

2024-05-06T20:07:06.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @FinancialCmte: Classifying #ETH as a security contradicts previous statements of the SEC and Chair Gensler. Republicans will continue…

2024-04-30T16:12:56.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @RepBurgessOwens: The Fed needs to keep its hands out of our wallets. I'm proud to join @GOPMajorityWhip Tom Emmer's CBDC Anti-Surveilla…

2024-04-22T17:15:53.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The @SECGov deserves more funding for crypto enforcement. April Fools!

2024-04-01T19:00:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The SEC and the CFTC have an extensive record asserting that Ethereum is NOT a security. So why does Prometheum, an SEC-registered broker-dealer, plan to custody ETH? I led a letter with @FinancialCmte and my colleagues to @GaryGensler to get some answers. x.com/FinancialCmte/…

2024-03-26T19:30:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Banks are the backbone of our free market system and keep Main Street alive. A CBDC would only centralize power and compromise Americans’ right to privacy. bankingjournal.aba.com/2024/03/rep-em…

2024-03-20T19:45:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The Biden administration sees it as their "key duty" to abandon our core American values and create a surveillance-style CBDC. Let me be clear: A government tool for financial surveillance will NOT happen so long as House Republicans are in the majority. decrypt.co/221752/federal…

2024-03-17T19:30:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @RepDonaldsPress: CBDC would give the federal government absolute control over your money. This is a dangerous threat to freedom. It i…

2024-03-16T15:21:41.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

If you don’t think the Fed is pursuing a CBDC, think again. The Fed gave this to my staff during a presentation earlier this Congress. They view a CBDC as one of their KEY DUTIES. pic.twitter.com/0LcdWBKk58

2024-03-14T00:48:28.000Z · via Twitter

Cosponsored a bill on Mar 5th, 2024

Bill Name

SAB 121 House Joint Resolution

Details

For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121". This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.

Tom Emmer Jr.

@RepTomEmmer

The OMB cannot abuse its “emergency” authorities to allow agencies like the EIA to ridiculously claim bitcoin miners are a threat to public safety and subject this industry to new, unvetted rules and regulations. It’s an abuse of power and it ends here. x.com/eleanorterrett…

2024-03-01T19:39:38.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

“ABA has long believed that a CBDC would pose significant risks to our financial system that would outweigh any potential benefits, including undermining the critical role that banks play in extending credit and powering the economy.” -@ABABankers

2024-03-01T18:28:56.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"The creation of a U.S. CBDC would threaten the financial health of the country and the constitutional rights of law-abiding Americans." -@club4growth

2024-03-01T18:28:56.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

“CBDCs present major privacy concerns for everyday Americans, including granting the government the ability to collect intimate personal details on U.S. citizens, and potentially track and freeze funds for any reason.” -@BlockchainAssn

2024-03-01T18:28:55.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

2024-03-01T18:28:55.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"The CBDC Anti-Surveillance State Act is a momentous step that would clarify and reassert that only Congress can authorize and regulate forms of exchange." -@A1Policy

2024-03-01T18:28:55.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

My bill, the CBDC Anti-Surveillance State Act, garnered significant momentum this week: - 120 cosponsors - Broad coalition support - Reintroduction of @SenTedCruz's Senate companion Here's what stakeholders are saying about this important legislation:

2024-03-01T18:28:54.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"Anti-CBDC legislation is necessary to safeguard Americans' financial privacy in the face of potential surveillance, control, and political intimidation... We will be issuing a Key Vote Cosponsorship in support of Whip Emmer and Senator Cruz’s bill..." -@Heritage_Action

2024-03-01T18:28:54.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @RepDanBishop: CBDCs are a direct threat to every freedom we hold dear. If this tyranny is allowed to take hold in America, a Chinese-…

2024-02-27T19:17:29.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @BlockchainAssn: 1/ CBDCs present major privacy concerns for everyday Americans, including granting the government the ability to collec…

2024-02-26T22:25:55.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Any CBDC that is not open, permissionless, and private – like cash – is a surveillance tool that will be mobilized to oppress the American way of life. I am proud to have @SenTedCruz lead the Senate companion of our CBDC Anti-Surveillance State Act. x.com/SenTedCruz/sta…

2024-02-26T17:50:22.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Great news! The Energy Information Administration is backing down on its “emergency” demand for Bitcoin miners to share proprietary information. We rejected this administration’s abuse of emergency authority, and common sense prevailed. Background: foxbusiness.com/politics/top-h…

2024-02-24T02:40:35.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Bitcoin mining is not a threat to public safety. Period. The OMB's abuse of its emergency powers to attack Bitcoin miners demands an explanation. Read my letter to the OMB below. foxbusiness.com/politics/top-h…

2024-02-22T19:06:20.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Senators are writing legislation based on the Wall Street Journal's inaccurate reporting. Since Treasury has accurate data, it has an obligation to correct the record on the size of Hamas's digital asset fundraising efforts.

2024-02-14T19:25:59.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Today, I asked Treasury's Head of FinCEN and OFAC about the WSJ's reporting on Hamas's digital asset fundraising campaign. Undersecretary Nelson CONFIRMED, on the record, that the WSJ's numbers were inaccurate and that crypto was not even a popular tool for Hamas terrorists. pic.twitter.com/Y2nSJfe3Lk

2024-02-14T19:25:44.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Congressional Republicans have been fighting against the implementation of a surveillance-style CBDC. My bill, the CBDC Anti-Surveillance State Act, has 75 cosponsors and we are continuing to build support.

2024-01-19T20:50:04.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

I agree with President Trump; CBDCs pose a serious threat to Americans' right to financial privacy. I look forward to working with him as we continue the fight against the expanding government surveillance state.

2024-01-19T20:50:03.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The FSOC hides in a black box, shielded from Congressional oversight. It designates industries as “systemically risky,” and has been weaponized to wield that power to carry out political agendas rather than protect the market at large. Case in point: digital assets.

2024-01-11T01:02:15.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

In 2022. the White House threatened to unleash the FSOC on the digital assets industry unless Congress enacted the White House’s preferred, explicitly anti-crypto, legislation. This is unacceptable.

2024-01-11T01:02:15.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Navigating Gary Gensler’s regulatory approach to digital assets is like playing hopscotch in a minefield. Blindfolded.

2024-01-01T17:00:01.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

My bill to protect Americans’ right to financial privacy, the CBDC Anti-Surveillance State Act, is up to 75 cosponsors, and we will keep growing support.

2023-12-30T19:00:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Digital assets aren’t the enemy. They are a tool for trust, transparency, and individual liberty.

2023-12-24T18:00:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Without opposition, in November the House passed my appropriations amendment barring the SEC from using taxpayer dollars on its abusive crypto enforcement tirade until Congress passes legislation giving the SEC jurisdiction over this industry. x.com/GOPMajorityWhi…

2023-12-21T17:26:59.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

In July, we passed the Blockchain Regulatory Certainty Act out of Committee to streamline one of the largest barriers to entry in the digital asset space: money transmission regulation. x.com/GOPMajorityWhi…

2023-12-21T17:26:58.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

In September, my CBDC Anti-Surveillance State Act passed out of the @FinancialCmte. This is a historic step in defense against the ever-expanding government surveillance apparatus. The bill is cosponsored by 75 Members of Congress. x.com/GOPMajorityWhi…

2023-12-21T17:26:58.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @blockchaintpsht: .@MajorityWhipGOP Tom Emmer spoke to blockchain tipsheet yesterday about the state of digital assets legislation in Co…

2023-12-13T19:17:09.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @BlockchainAssn: 1/ “I make it clear everywhere I go, it’s not Republicans vs. Democrats on crypto…the industry you’re in is a non-parti…

2023-11-30T16:15:31.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

In case you missed it… Last week, I joined @ThinkingCrypto1 to discuss how Congress can provide clear rules of the road to bring the industry back onshore and hold unelected bureaucrats like @GaryGensler accountable for abusing SEC enforcement powers. twitter.com/thinkingcrypto…

2023-11-27T23:25:55.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Congressional resources should instead be spent working to bring more crypto activity and opportunities onshore to bolster U.S. national security.

2023-11-22T14:01:51.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Congress does not need to rewrite laws that work in the crypto space. Yesterday’s successful prosecution shows that when enforced, current laws are suitable to help weed out bad actors.

2023-11-22T14:01:50.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Answers to our inquiry will help Congress understand the size, scope, and duration of Hamas's digital asset fundraising campaign and the United States' ability to target bad actors while supporting legitimate digital asset use. pic.twitter.com/l0CkShJseD

2023-11-15T17:27:25.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

I, along with @PatrickMcHenry, @RitchieTorres, and @RepFrenchHill, led a bipartisan letter requesting the Biden administration utilize the open blockchain ledger to assess the footprint of Hamas’s digital asset fundraising campaign. foxnews.com/politics/bipar…

2023-11-15T17:27:24.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

My amendment prohibits the SEC from using taxpayer-funded resources to pursue enforcement actions against the digital asset industry until Congress passes legislation that authorizes regulatory enforcement jurisdiction.

2023-11-08T20:43:11.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

.@GaryGensler is as ineffective as he is incompetent. Fortunately, my nonpartisan appropriations amendment to reign in SEC enforcement abuses against the digital asset industry passed the House today with no opposition. Congress will hold unelected bureaucrats accountable. pic.twitter.com/TGaaW8I0Eu

2023-11-08T20:34:52.000Z · via Twitter

Cosponsored a bill on Nov 2nd, 2023

Bill Name

Uniform Treatment of Custodial Assets Act

Details

To prohibit certain Federal agencies from requiring certain institutions to include assets held in custody as a liability, and for other purposes.

Tom Emmer Jr.

@RepTomEmmer

RT @FinancialCmte: #ICYMI: The CBDC Anti-Surveillance State Act, sponsored by @GOPMajorityWhip, got the green light at last week's markup.…

2023-09-26T20:29:26.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @PatrickMcHenry:

#ICYMI: @FinancialCmte advanced legislation to prohibit the @federalreserve from issuing a #CBDC without Congressional…

2023-09-26T20:29:11.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Digital assets are here to stay. My bill makes sure unelected Washington bureaucrats can’t weaponize them to monitor Americans’ private financial data. washingtonexaminer.com/policy/economy…

2023-09-24T17:02:00.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @EleanorTerrett:

NEW: @GOPMajorityWhip’s anti-CBDC bill has just passed out of the House Financial Services Committee.

2023-09-20T20:15:57.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @BlockchainAssn: CBDCs present major privacy concerns for everyday Americans, including granting the government the ability to track all…

2023-09-20T20:15:47.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The first anti-CBDC bill in the United States passed out of the Financial Services Committee today! A historical step in defending against an ever-expanding government surveillance state. twitter.com/GOPMajorityWhi…

2023-09-20T19:51:15.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The Financial Services Committee is set to vote on my bill, the CBDC Anti-Surveillance State Act, today. Watch my remarks from the debate: pic.twitter.com/C4S3okdl0w

2023-09-20T17:49:28.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Thank you, @FinancialCmte for considering my legislation, the CBDC Anti-Surveillance State Act, today. emmer.house.gov/2023/9/emmer-r…

2023-09-14T18:43:57.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

If not open, permissionless, and private – like cash – a CBDC is nothing more than a CCP-style surveillance tool that can be weaponized to oppress the American way of life. We’re not going to let that happen – not on House Republicans’ watch. pic.twitter.com/XVq6ySu0Xc

2023-09-13T14:46:23.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Bottom Line: If not open, permissionless, and private - like cash - a CBDC is nothing more than a CCP-style surveillance tool that can be weaponized to oppress the American way of life. Thank you @FinancialCmte for considering my bill this month.

2023-09-12T15:15:26.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Why: The administration has made it clear: President Biden is willing to compromise the American people’s right to financial privacy for a surveillance-style CBDC. I don’t believe in compromising Americans’ rights.

2023-09-12T15:15:03.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

What: My updated bill prohibits the Fed from issuing a retail CBDC while protecting innovation and any future development of true digital cash.

2023-09-12T15:14:37.000Z · via Twitter

foxbusiness.com/markets/gop-ta…

Tom Emmer Jr.

@RepTomEmmer

Today, with 49 of my Republican colleagues, I reintroduced the CBDC Anti-Surveillance State Act

2023-09-12T15:14:14.000Z · via Twitter

Somewhat Pro-Crypto

Sponsored a bill on Sep 12th, 2023

Bill Name

CBDC Anti-Surveillance State Act

Details

To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.

majoritywhip.gov/news/documents…

Tom Emmer Jr.

@RepTomEmmer

That is why I'm planning to sponsor an appropriations amendment that restricts the SEC's use of funds on digital asset enforcement until there are clear rules and regulations in place. Read more below

2023-09-08T16:55:31.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

1. SEC loses on Ripple... 2. SEC loses on Grayscale... We will see how pending litigation plays out, but it should be increasingly obvious to policymakers that, despite @GaryGensler's mass marketing campaign, crypto is not an industry "rife with noncompliance." twitter.com/GOPMajorityWhi…

2023-09-02T19:41:00.000Z · via Twitter

pic.twitter.com/84UVYGkP78

Tom Emmer Jr.

@RepTomEmmer

The Federal Reserve has proven itself to be incompetent. I’m proud to support @PatrickMcHenry’s Clarity for Payment Stablecoins Act with his commitment to work with me to roll back the Fed’s power and authority in this bill. Watch my remarks in @FinancialCmte

2023-07-27T17:27:42.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The BRCA provides the digital asset ecosystem regulatory certainty to keep innovating in the United States so the future digital economy reflects American values.

2023-07-26T23:58:30.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"The basic protections provided by H.R. 1747 represent a core building block in providing a foundation for future responsible innovation here in the United States." - @crypto_council

2023-07-26T18:13:49.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

"The Blockchain Regulatory Certainty Act ensures American digital asset innovations can continue to thrive here in the United States. We urge members of the committee to vote in favor of this bill." - @BlockchainAssn

2023-07-26T18:13:48.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

The Blockchain Regulatory Certainty Act has garnered support from every sector of the digital asset ecosystem. Here's what they're saying about mine and @RepDarrenSoto's nonpartisan bill:

2023-07-26T18:13:47.000Z · via Twitter

pic.twitter.com/FJkHWUii3x

Tom Emmer Jr.

@RepTomEmmer

My remarks on @PatrickMcHenry/@CongressmanGT's digital asset market structure bill

2023-07-26T16:21:13.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Today, the @FinancialCmte will begin debating my nonpartisan bill with @RepDarrenSoto, the Blockchain Regulatory Certainty Act. Our bill provides regulatory certainty so the decentralized economy can be built by Americans, with American values. Tune in: youtube.com/watch?v=cw4hdr…

2023-07-26T14:58:40.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @fund_defi: 1/ There are several crypto bills being marked up in @FinancialCmte this week. First up: The bipartisan Blockchain Regulato…

2023-07-25T17:51:41.000Z · via Twitter

Cosponsored a bill on Jul 20th, 2023

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

Tom Emmer Jr.

@RepTomEmmer

Crypto will thrive with or without the U.S. Congress must step into the driver’s seat and pass a bill that provides the American people and industry with regulatory clarity, certainty, confidence, and competitiveness. Anything less is unacceptable. Watch my Committee remarks: pic.twitter.com/DlwNyoMZal

2023-06-13T23:30:00.000Z · via Twitter

emmer.house.gov/2023/2/emmer-l…C

Tom Emmer Jr.

@RepTomEmmer

Every day, we are working to educate fellow Members of Congress on the dangers of central bank digital currencies. My bill, the CBDC Anti-Surveillance State Act, is up to 26 cosponsors, and we’re just getting started

2023-05-26T16:44:24.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

“We commend Rep. Tom Emmer and @RepDarrenSoto for their commitment to American innovation with the reintroduction of this important bipartisan legislation…” - @crypto_council pic.twitter.com/7SEllHY5KE

2023-05-21T17:01:21.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

“The Securities Clarity Act would go a long way towards providing regulatory clarity for the securities treatment of digital assets and we are proud to support its reintroduction.” - @BlockchainAssn pic.twitter.com/buD8zBt6rw

2023-05-21T17:01:20.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

“This is the smartest approach we have seen to provide clarity about how securities law applies to digital assets.” - @coincenter pic.twitter.com/KMBcJz23Z8

2023-05-21T17:01:19.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Last week, I introduced the Securities Clarity Act with @RepDarrenSoto which clarifies the regulatory classification of digital assets to provide market certainty for innovators and clear jurisdictional boundaries for regulators. Here’s what others are saying about our bill:

2023-05-21T17:01:18.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

@RepDarrenSoto @coincenter @BlockchainAssn @DigitalChamber @crypto_council Read the bill here: emmer.house.gov/_cache/files/4…

2023-05-18T20:19:14.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

@RepDarrenSoto We appreciate the broad community support on this legislation from @CoinCenter, @BlockchainAssn, @DigitalChamber, and @crypto_council.

2023-05-18T20:16:30.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

@RepDarrenSoto The Securities Clarity Act inserts a key term, the “investment contract asset,” into existing securities law to enable crypto projects to reach their full potential in a compliant way, allowing the United States to compete globally in this next iteration of the internet.

2023-05-18T20:16:06.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

@RepDarrenSoto Without a distinction between the asset and the securities contract, token projects that raise capital to fund development cannot move out of the securities framework once the project is decentralized, which hinders the utility of the project and ultimately harms token holders.

2023-05-18T20:15:46.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

Today, I introduced the Securities Clarity Act with @RepDarrenSoto. This bill clarifies the regulatory classification of digital assets and provides market certainty for innovators and clear jurisdictional boundaries for regulators. pic.twitter.com/xgsLAm2Yhh

2023-05-18T20:15:30.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @Protectaxpayers: The Limit, Save, Grow Act of 2023 introduced by House GOP leadership is a strong start to addressing the nation’s defi…

2023-04-21T13:54:03.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

RT @FinancialCmte: #WATCH: @GOPMajorityWhip Tom Emmer skewers Chair Gensler for his regulation by enforcement approach to digital assets' f…

2023-04-19T14:26:17.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

He was the “cop on the beat” when the biggest crypto frauds collapsed, doing nothing to stop these criminals before they defrauded Americans: pic.twitter.com/F4o0gT7Oid

2023-04-18T17:17:14.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

He’s finalized ZERO rules for crypto companies to comply with… yet he abuses the SEC’s enforcement powers against them: pic.twitter.com/jn30XimsLP

2023-04-18T17:17:13.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

We should never sacrifice decentralized money. Thank you, @DigitalChamber, for inviting me to join you all today. pic.twitter.com/reJIepS5t6

2023-03-21T15:01:47.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

If you want to assume unelected bureaucrats are going to do the things you expect them to do, you do that at your own risk. This Administration is already moving in the direction of a CBDC, and the events of this week have only made that more clear. pic.twitter.com/JAtCpUgaSm

2023-03-17T17:28:08.000Z · via Twitter

Tom Emmer Jr.

@RepTomEmmer

It's clear the Biden administration is weaponizing market chaos to kill crypto. This is why I sent an investigative letter to FDIC Chairman Gruenberg seeking additional information yesterday. pic.twitter.com/oPr3WLZtk3

2023-03-16T16:35:06.000Z · via Twitter