...
...
Haider Jamal

Oct 22, 2023

Tom Emmer Emerges As Unexpected Candidate For Speaker Of House Of Representatives

Minnesota Representative Tom Emmer has taken a surprising step by announcing his candidacy for the position of Speaker in the US House of Representatives. This announcement follows the extraordinary impeachment of Rep. Kevin McCarthy earlier this month.

 

A New Candidate

Emmer recently discussed the aforementioned decision in tandem with a keen focus on aiming to unify the council and resume overall legislative activities in an efficient manner. In the past, the US government has often struggled in keeping up with rapid technological advancements at both a domestic as well as international level.

He expressed confidence in the accomplishments of the Republican majority in the House over the past ten months and underscored the significance of unity and collaboration. Previously, Emmer had indicated his interest in the role of House Majority Leader and had no intention of pursuing the Speakership.

 

Being Pro Crypto

Emmer is notably an advocate for cryptocurrency, with a history of making supportive statements regarding Bitcoin (BTC) and the crypto community in general. In one of his earlier statements, he stressed that crypto will prosper with or without the involvement of the United States government, and therefore urged Congress to establish sensible, innovation-focused regulations to ensure the continued availability of opportunities in the country alongside the safe adoption of this technology by Americans.

He further claimed that the US does not lag behind China in the realm of crypto and digital assets and drew a distinction between cryptocurrencies and Central Bank Digital Currencies (CBDCs), which he labeled as government surveillance tools. Emmer argued that crypto promotes freedom, rather than undermining it.

Emmer is also not the only one supporting crypto, as other prominent names such as Senator Ted Cruz and Miami Mayor Francis Suarez have both advocated for the development and adoption of Bitcoin in the past. In fact, the former even introduced the ACCEPT Resolution (Adopting Cryptocurrency In Congress As An Exchange Of Payment For Transactions) earlier this year.

Top News


Read more latest news

Press Releases

...
Terra
Do Kwon Trial Begins Despite The Founder

7 months ago Mar 26, 2024

The civil fraud trial involving Ter... Read more

...
Goldman
Goldman Sachs Clients Look To Get Back

7 months ago Mar 25, 2024

Institutional clients served by the... Read more

...
Payments
New Payment Limit For Crypto Wallets Scrapped

7 months ago Mar 25, 2024

The recent Anti-Money Laundering re... Read more

...
Bitcoin
Bitcoin Undergoes Price Correction As International Economies

7 months ago Mar 24, 2024

A significant portion of the crypto... Read more

Join Our Newsletter

Get the latest trends and updates on our crypto community.