Tom Emmer

@GOPMajorityWhip ↗

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Last Checked Dec. 25, 2021

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Mon Nov 01 20:50:01 +0000 2021

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Tom Emmer @GOPMajorityWhip

With its stablecoin report, the PWG seems to try to force Congress to choose between handing over regulatory power to bureaucrats or risking the unchecked FSOC stamp out crypto innovation. — PolitiTweet.org

Posted Nov. 1, 2021

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Tom Emmer @GOPMajorityWhip

My office is still reviewing the President's Working Group on Financial Markets stablecoin report, but here are some initial thoughts: — PolitiTweet.org

Posted Nov. 1, 2021

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Tom Emmer @GOPMajorityWhip

On top of that, the PWG wants stablecoin issuers to register as banks. Meanwhile, #MichaelHsu at the OCC has halted all of the progress @BrianBrooksUS made with the OCC special purpose bank charter, which would provide qualifying fintechs to operate as national banks. — PolitiTweet.org

Posted Nov. 1, 2021