Congress: Make Gensler’s Salary $1
Tom Emmer, crypto’s knight in shining armor in Congress, is making moves to put the SEC’s crypto crackdown on ice. 🧊
He’s slipped an amendment into the federal budget that basically tells the SEC to put their enforcement ambitions on hold until Congress says otherwise. The amendment sailed through without a peep of opposition but still has to survive the budget brawl in the reconciliation committee.