Tom Emmer tweeted the following:
"For that reason, I introduced the FSOC Reform Act, which brings the FSOC under congressional oversight and increases the transparency of the council. The future of crypto will be decided by the American people, not bureaucrats."Read on Twitter
Here are other recent tweets from Tom Emmer:
"Congress has recognized that this bureaucratic regulatory posture on digital assets is unproductive. So, we are working together, across the aisle, to find solutions that will allow the United States to lead in digital asset policy."Read on Twitter"Read on Twitter
"Today, Secretary Yellen confirmed that the FSOC is not supposed to take direction from the White House, as that would compromise the independence of the council. This doesnt seem to be the case when it comes to digital assets and stablecoins"Read on Twitter
"Instead, the PWG wants Congress to pass stablecoin legislation that doesnt have consensus in Congress, not even amongst Committee Democrats, and is threatening to utilize the "independent" FSOC as a vehicle to circumvent Congress and the American people on digital asset policy."Read on Twitter
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