Pro-crypto lawmaker Tom Emmer wins Republican nomination for House Speaker

Republican members of the United States House of Representatives have chosen Tom Emmer, current majority whip and crypto proponent, as their nominee to be the next Speaker.

According to multiple reports from Oct. 24, Rep. Emmer will be Republicans’ nominee in the next vote to determine a Speaker of the House following a closed-door session. The congressman was one of several candidates weighed by Republicans following the failure of Rep. Jim Jordan to secure enough votes to win the speakership and Rep. Steve Scalise dropping out of the race.

On Oct. 3, U.S. lawmakers in the House of Representatives voted to declare the Speaker seat vacant, effectively removing Rep. Kevin McCarthy from the…

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