- Congressman Tom Emmer has been appointed as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence
- Emmer expressed a strong commitment to advancing policies that promote innovation and protect consumers
- The Minnesotan has emphasized the importance of establishing clear regulatory frameworks for emerging technologies
Congressman Tom Emmer has been named Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, a role with influence on the digital asset sector. Emmer’s role will be to support policies that encourage innovation while ensuring consumer protection, with the focus very much on positivity. Emmer noted that the Trump administration has “an excellent opportunity to ensure that the future of digital assets is guided by Americans, with American values.”
Emmer Wants Digital Assets to “Thrive”
Tom Emmer’s appointment as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence underscores his influence in shaping policy for emerging financial technologies. As a prominent advocate for innovation-friendly regulation, Emmer’s role will focus on advancing legislation that balances technological progress with consumer safeguards.
A clear theme of Emmer’s approach is his emphasis on well-defined regulatory frameworks. These frameworks aim to guide the development of digital assets, such as cryptocurrencies, and ensure that financial technology continues to grow without being stifled by uncertainty.
This effort aligns with the broader goals of the House Financial Services Committee, which aims to support innovation, protect consumers, and maintain the country’s global leadership in technological development.
I am honored to have been selected as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence.
With President Trump in the White House, and Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to…
— Tom Emmer (@GOPMajorityWhip) January 15, 2025
Broader Committee Goals
The subcommittee, led by Chairman French Hill, will focus on several priorities, including providing clear guidelines for the digital asset ecosystem, promoting the use of financial technology to expand access in underserved communities, and establishing best practices to improve diversity and inclusion within these emerging industries. Emmer’s experience and leadership are expected to contribute significantly to achieving these objectives.
Tom Emmer has a history of bipartisan efforts to support innovation in the digital economy. His previous initiatives, such as introducing legislation to clarify digital asset reporting requirements, have demonstrated his commitment to ensuring that policy supports rather than hinders technological advancement.
As Vice Chairman, Emmer will play a crucial role in shaping the legislative landscape for digital assets, financial technology, and artificial intelligence, fostering an environment conducive to innovation while safeguarding consumers and financial integrity.
