The letter written in March was a bipartisan one jointly written by four Republican and four Democratic members. It questioned what authority the SEC had to launch an informal investigation into blockchain and crypto companies. The letter also stated that the request was against Federal laws. The letter was led by Rep. Tom Emmer who just became the Republican’s majority whip and the number three person in the leadership of the House GOP caucus. Emmer wrote on his Twitter page that his office ...
