Tom Emmer elected House GOP whip, retains No. 2 leadership post

Pro-crypto U.S. Rep. Tom Emmer has been elected House Republican whip, Cointelegraph reported. With Democrats set to take control of the House majority in January after winning the midterm elections, Emmer will retain the GOP’s No. 2 leadership position. Cointelegraph said Emmer is one of the cryptocurrency industry’s key supporters, noting that Emmer and Rep. Ritchie Torres launched the bipartisan Congressional Crypto Caucus last year. Emmer is also a co-sponsor of the CLARITY Act, a crypto market structure bill.