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House Whip Tom Emmer: "you're gonna see a bunch of" crypto legislation this Congress
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House Whip Tom Emmer: "you're gonna see a bunch of" crypto legislation this Congress

Rep. Tom Emmer (1-14-2025)
Majority Whip Tom Emmer addresses congressional press corps at US Capitol. Photo: Matt Laslo

Who?

Rep. Tom Emmer (R-MN) — House Majority Whip

LISTEN: Laslo & Emmer

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Ask a Pol asks:

What's the game plan for crypto this Congress?

Key Emmer:

“That's being developed,” House Majority Whip Tom Emmer exclusively tells Ask a Pol. “I think you're gonna see stablecoin legislation. I think you're gonna see market structure legislation. I think you're gonna see the prohibition of a central bank digital currency.”

ICYMIWheels turning in Senate too…?

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Caught our ear:

“I’d talk to [new House Financial Services Committee Chair] French Hill,” Emmer tells us. “Pretty sure he's got it mapped out.”

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Below find a rough transcript of Ask a Pol’s exclusive interview with Rep. Tom Emmer (R-MN), slightly edited for clarity.

TRANSCRIPT: Rep. Tom Emmer

SCENE: As House Majority Whip Tom Emmer’s rounding a corner in the Capitol’s basement on his way to the weekly GOP leadership press conference, Ask a Pol’s Matt Laslo catches up with him...

Matt Laslo: “How you doing, sir?”

Tom Emmer: “Doing great.”

ML: “What's the game plan for crypto this Congress?”

TE: “Well, that's being developed. I’d talk to French Hill.”

ML: “Yeah? I've been looking for him.”

TE: “Pretty sure he's, he's got it mapped out.”

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ML: “But it does kinda feel like it's a new day on Capitol Hill?”

TE: “Oh yeah.”

ML: “Yeah?”

TE: “Oh yeah. You're gonna see — I think you're gonna see stablecoin legislation. I think you're gonna see market structure legislation. I think you're gonna see the prohibition of a central bank digital currency. I think you're gonna see a bunch of it.”

ML: “Yeah? And pretty soon, probably?”

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TE: “Again, that's the chair.”

ML: “Yeah? On it.”

TE: “Yep.”

ML: “Have a good one, sir.”

TE: “Thanks.”

ML: “Preciate ya.”

Andrey Beregovskiy contributed to this report.

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