Rep. Tom Emmer, R-Minn., is trying his hand to be the next House Speaker as the leadership saga continues.
U.S. Rep. Tom Emmer, R-Minn., who has been friendly toward crypto and critical of regulators, is trying his hand at becoming the next House Speaker as a leadership saga continues.
Former House Speaker Kevin McCarthy, R-Calif., reportedly nominated Emmer, telling NBC's "Meet the Press" on Sunday that the Minnesota Republican needs to get elected this week. McCarthy was ousted earlier this month following a power struggle with lawmakers including Rep. Matt Gaetz, R-Fla. "Many innovators who use blockchain tech want to do business here, but stay away due to uncertainty caused by Congressional inaction & an overzealous SEC. We've been the global financial epicenter but are quickly becoming a place that innovators avoid. It's time to take action," Donalds posted in July on X.
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