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CoinDesk Podcast Network

Emmer Pushes Back on CFTC Funding: 'Give Regulators Less Authority'

CoinDesk Podcast Network

CoinDesk

News, Business News, Tech News, Daily News

4.7698 Ratings

🗓️ 22 May 2026

⏱️ 26 minutes

🧾️ Download transcript

Summary

On this episode of CoinDesk's The Policy Protocol, hosts Rebecca Rettig and Renato Mariotti open with the rising uncertainty around CLARITY's path through the Senate before sitting down with House Majority Whip Tom Emmer (R-MN), who argues the bill is the sixth iteration of crypto market structure legislation, defends the Blockchain Regulatory Certainty Act (BRCA) against law-enforcement concerns, and frames the U.S. push to become the "crypto capital of the world" as a fundamentally bipartisan, 21st-century-finance issue. Plus, Rebecca and Renato debrief on the new White House executive order on integrating digital assets into traditional financial systems, the limits of building business strategy on non-durable guidance, and name Senator Angela Alsobrooks (D-MD) as their Person of the Week for her bipartisan work getting CLARITY out of Senate Banking 15-9. - 00:00 "Crypto Is Not a Partisan Issue" 00:18 Welcome to The Policy Protocol 01:13 Hot Topic: Is Crypto Better Off Than Under Biden? 03:35 Crypto's TradFi Era 04:32 House Majority Whip Tom Emmer Joins 06:54 Beyond CLARITY: Genius Act, BRCA, and Crypto Tax 09:28 BRCA vs. Law Enforcement: The "Red Herring" 11:30 What If CLARITY Doesn't Pass This Congress? 13:54 Off-Committee Senators and CFTC Authority 18:38 Why Executive Orders Aren't Enough 21:17 Watching for the SEC's Innovation Exemption 22:29 Person of the Week: Sen. Angela Alsobrooks

Transcript

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0:00.0

Crypto is not a partisan issue. It is a nonpartisan issue. This is not about Republicans and Democrats.

0:07.0

This is about 21st century finance and finances for everybody.

0:16.0

Welcome to the policy protocol, a brand new show from CoinDus that gives you a bite-sized

0:22.3

overview of all the happenings in crypto law and policy from the past week. This is your espresso

0:28.1

shot of everything you need to know to be in the know. I'm Rebecca Reddigg, and I'm here with my

0:33.7

co-host, Renato Marriatti. How are you, Renato? I'm doing great. What have you been

0:40.6

thinking about this week from the policy perspective? I got to say, Rebecca, it just seems to me

0:47.1

like there's a lot more uncertainty this week. I don't even think there's a 50-50 shot at this point

0:52.6

of clarity passing. There's just, it's such a difficult target50 shot at this point of clarity passing. It's just,

0:54.4

it's such a difficult target to hit at this stage of things. There's still a bunch of things to

1:00.0

work out. It sure looks like, for example, with the recent elections, there's, you know,

1:05.9

there are some members of Congress and senators who are on their way out who may vote differently, just a lot of

1:12.6

question marks. So then I guess our hot topic of the week has to be, are we better off under this

1:18.3

administration than we were under the last? You know, where are you on that? Well, look, I think

1:26.5

it's hard to say that the industry isn't better off. I mean, in the last

1:30.7

administration, you had Gary Gensler suing everyone for everything, even if you were trying to

1:37.1

comply or trying to register. And that's not happening. And so, look, people now have the freedom to

1:42.7

engage in their business without worrying about litigation, although as a lawyer, I always love when people spend money on litigation and enforcement matters.

1:52.2

That's not good for business.

1:53.6

And, you know, people can plan and, you know, get their business started in an environment, I think, where the administration is trying to work with

2:01.4

them and give them no action relief and so on. Yeah. So I'll have, I'll say two things about that.

2:06.6

I think the first is that working at a builder like Gito Labs, you do have the ability, I think,

...

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