United States Representative Tom Emmer (R-MN) has been appointed as Vice Chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence for the 119th Congress. 

The announcement, made by House Financial Services Committee Chairman French Hill (R-AR), positions Emmer as a key figure in shaping the future of digital asset regulation and innovation in the United States.

In a statement following his appointment, Emmer expressed enthusiasm for the opportunity to influence the digital asset landscape under the current administration. “I am honored to have been selected as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence,” he said. 

“With President Trump in the White House, and Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans, with American values.”‍

Leadership in a Transformative Era

The Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence is chaired by Representative Bryan Steil (R-WI) and is tasked with addressing regulatory frameworks for emerging technologies, fostering innovation in the digital economy, and ensuring consumer and investor protections. Emmer’s role as Vice Chairman underscores his longstanding advocacy for blockchain technology and digital assets.

Emmer has been a vocal proponent of creating a regulatory environment that supports innovation while ensuring oversight remains fair and clear. He has frequently criticized what he perceives as overreach by federal agencies, including the Securities and Exchange Commission (SEC), and has called for legislative clarity to promote growth in the digital asset sector.‍

A New Direction Under Trump Administration

With President Donald Trump’s administration signaling a more supportive stance on cryptocurrency and blockchain innovation, Emmer sees an opportunity to position the United States as a global leader in the digital economy. The appointment comes at a time of heightened interest in blockchain technology, artificial intelligence, and other emerging sectors, as policymakers work to establish regulatory frameworks that balance innovation with security.

The Subcommittee’s agenda for the 119th Congress is expected to include discussions on cryptocurrency regulation, stablecoin oversight, central bank digital currencies (CBDCs), and the integration of artificial intelligence into financial systems.‍

Collaboration Across Leadership

Chairman French Hill praised the expertise of the Subcommittee’s leadership, including Emmer, in navigating complex financial technology issues. “With active and knowledgeable Chairs and Vice Chairs leading our Subcommittees, we are ready to tackle the critical challenges ahead,” Hill said in a statement.

As Vice Chairman, Emmer will collaborate with Subcommittee Chair Bryan Steil and other members to guide legislative efforts and ensure that the United States remains at the forefront of digital asset innovation.