Along the way, Emmer has reaped big bucks from the industry and its top executives, including those from the since-collapsed company FTX. But his sharp deregulatory bent could carry greater significance next year, when Republicans are set to assume control of the House — just as some lawmakers say they hope to enact crypto regulations. Emmer’s fervent support — and his new, powerful perch as House majority whip — could make him a formidable foe of aggressive restrictions on what he has described as the future of finance.
“Together, we’re going to keep educating these members of Congress,” Emmer told viewers watching online that August.
The congressman declined through his spokesman, Michael McAdams, to be interviewed for this story.