House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources

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House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources

If signed by U.S. President Joe Biden, the House resolution would disapprove of the bulletin and block the SEC from issuing any similar guidance in the future. The White House threatened to veto the resolution should it advance out of the Senate as well, saying it “reflects considered SEC staff views.” www.coindesk.com

If signed by U.S. President Joe Biden, the House resolution would disapprove of the bulletin and block the SEC from issuing any similar guidance in the future. The White House threatened to veto the resolution should it advance out of the Senate as well, saying it “reflects considered SEC staff views.”

www.coindesk.com

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