“Don Beyer hasn’t been involved in this space at all that I know of,” said Emmer during an appearance on CoinDesk TV’s “First Mover,” “and all of a sudden he comes out with this proposal that will give the [Federal Reserve] complete control over creating central bank digital currency with all kinds of related authority to it.”
“Call me suspicious if you want, but I think that sometimes someone at Janet Yellen’s Treasury would call a long-time ally like Don Beyer and say, ‘Look, we really need to push back on these Republicans,’” said Emmer, a member of the Congressional Blockchain Caucus.
Emmer’s comments echoed those of fellow Republican congressman, Warren Davidson (R-Ohio), but on a different bill. Davidson claimed in a Bitcoin Magazine interview that the Treasury Department had a hand in the crypto-related language found in the $1 trillion, bipartisan infrastructure bill winding through the U.S. Congress. One Republican reckons someone in the Biden Administration must have put his colleague up to the task.
