Since Scalise is staying in his current job, Rep. Tom Emmer (R-Minn.), one of crypto’s biggest fans in Congress, won’t get greater power by stepping into that majority leader role. This keeps him – at least for now – as majority whip, the No. 3 role in the House leadership, unless the search for a speaker eventually seeks him out.

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• Source: https://www.coindesk.com/policy/2023/10/13/us-house-speaker-drama-could-threaten-to-unravel-cryptos-2023-chances/?utm_medium=referral&utm_source=rss&utm_campaign=headlines