Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections


18 Sep 2023 7:30 PM

According to House Majority Whip Tom Emmer, U.S. voters could eventually “flush out” political candidates unwilling to meet the challenges presented by crypto and blockchain....

  • Tom Emmer, majority whip of the United States House of Representatives, believes that digital assets have become a significant issue in U.S. politics.
  • He warns that candidates running for office in 2024 may underestimate the impact of crypto and blockchain-related issues.
  • Emmer highlights financial privacy concerns, particularly government oversight of central bank digital currencies (CBDCs).
  • He suggests that there is a generational divide in the U.S., with residents pushing back against policies that hinder the digital space.
  • Several candidates from both major political parties have taken positions on CBDCs for the 2024 race.
  • Emmer has reintroduced a bill to limit the Federal Reserve from issuing a CBDC in the U.S. and supports an appropriations amendment for the Securities and Exchange Commission's funds.

The sentiment of the article is generally positive towards Tom Emmer's views on digital assets and his efforts to limit the Federal Reserve's involvement in CBDCs. However, it also highlights potential challenges and a generational divide in understanding the impact of crypto and blockchain in politics.

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You May Ask

What is Tom Emmer's stance on digital assets and their impact on U.S. politics?How does Emmer believe financial privacy concerns are related to government oversight of CBDCs?Which candidates running for office in 2024 have taken positions on CBDCs?What actions has Tom Emmer taken to limit the Federal Reserve's involvement in CBDCs?What is the purpose of the Digital Dollar Pilot Prevention Act and the House Financial Services Committee's upcoming meeting?

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