WASHINGTON, DC - Today Congressman Tom Emmer (MN-06) and Congressman Bill Foster (IL-11) were announced as co-chairmen of the Congressional Blockchain Caucus. They join Congressman Jared Polis (CO-02) and Congressman David Schweikert (AZ-06) as leaders of the Caucus.
“This is an exciting time for blockchain technology and cryptocurrencies, and I look forward to taking on this new leadership role,” said Congressman Emmer. “The Caucus is a platform for industry and government to come together to study and understand the implications of these new technologies. Together we plan to help fill in the gaps when it comes to fully understanding these new technological advancements in order for Congress to embrace and support all they have to offer the next generation and beyond.”
“Blockchain is a disruptive technology that will change the way we do business in almost every sector. As the incoming Democratic co-chair of the Blockchain Caucus, I am proud to join my colleagues to lead Congress so that policymakers and industry can work together to realize this promise and unleash its economic potential in the United States and around the world,” said Congressman Foster.
“I am thrilled to have my colleagues Reps. Tom Emmer and Bill Foster join myself and Rep. Jared Polis as co-chairs of the Congressional Blockchain Caucus. Reps. Emmer and Foster are already leaders in this space on the Financial Services Committee, which makes their addition essential in helping grow the Blockchain Caucus towards its future goals,” said Congressman Schweikert.
“Welcome to Representative Foster and Representative Emmer, as co-chairs of the Blockchain Caucus. I’m so pleased we are able to continue the tradition of having bipartisan co-chairs,” said Congressman Polis. “A lot has developed since I founded the Blockchain Caucus in 2016. The Blockchain Caucus continues to evolve and be used in so many new ways. It has the potential to reshape everything from cryptocurrencies to supply chains to banking to property titling - decentralizing cybersecurity and revolutionizing many industries. What an exciting time to move forward!”
The Congressional Blockchain Caucus was founded in the 114th Congress and is enjoying significant growth and an ever-expanding focus. This bi-partisan group believes in the future of blockchain technology, and understand that Congress has a role to play in its development. The Caucus believes in a hands-off regulatory approach to allow this technology to evolve the same way the internet did; on its own.
Learn more about the Caucus here.