Emmer and colleagues play mega-CYA on crypto

I despise cryptocurrencies and I think they should be banned. But I'm not in charge of such matters, nor am I ever likely to be. Anyway:

Nearly nine months after a bipartisan group of U.S. House members sent a letter questioning the Securities and Exchange Commission’s investigation into cryptocurrencies, including the failed FTX exchange, the lawmakers are maintaining their position that the agency’s approach to regulating crypto is deeply flawed.

In public comments since FTX’s collapse last month, the congressmen, led by Minnesota Republican Tom Emmer, have largely called FTX’s demise a singular issue that deserves scrutiny.

They argue the episode only reinforces their point that the SEC’s regulation of cryptocurrencies is arbitrary and ineffective.

FTX co-CEO Ryan Salame was a major campaign contributor to the Congressional Leadership Fund, the political action committee Emmer controlled as the head of the House Republican campaign arm in the 2022 election cycle. - Minnesota Reformer

MN-06: How about some real anti-Semitic stereotyping?

I think the stress of failing as NRCC chairman is really getting to someone.

A letter sent by National Republican Congressional Committee (NRCC) Chairman Tom Emmer that said wealthy Jews “bought” Congress has been called anti-Semitic by local Jewish leaders...

The letter by Rep. Emmer, who represents Minnesota’s Sixth District in the U.S. House, says “the news of impactful, real progress on turning our nation around was undercut by biased media and hundreds of millions of dollars of anti-Republican propaganda put out by liberal special interests, funded by deep-pocketed far-left billionaires George Soros, Tom Steyer and Michael Bloomberg.”

                    “These left-wing radicals essentially BOUGHT control of Congress for the
                    Democrats,” the letter continues. Soros and Bloomberg are Jews; and Steyer
                    had a Jewish father. - American Jewish World

Of course as far as Minnesota’s “mainstream” media is concerned, no politician’s statement is anti-Semitic unless it comes from Rep. Ilhan Omar (D-MN). The facts that she is at least twice as intelligent, and probably more like a hundred times more reality-connected than Emmer, notwithstanding.