The US Securities and Exchange Commission (SEC) allowed a loophole in Staff Accounting Bulletin 121 (SAB 121). This path favoring banks comes as legislators failed to...
US House voted 228-184 in favor of overriding President Joe Biden’s veto of H.J.Res. 109 on SAB 121. The vote however fell short of required two-thirds...
Representative Patrick McHenry, Chairman of the House Financial Services Committee, has made a strong case for overturning President Biden’s veto of a resolution that aimed to...
While there were reports earlier this week that the US House could vote to overturn Biden’s veto on SAS 121 regulatory oversight, there seems to be...
This week is all set for some important events for the crypto industry as investors eagerly await the approval of the spot Ethereum ETFs. However, there...
US lawmakers will vote next week on H.J. Res. 109, a bill to overturn the controversial SEC accounting bulletin—Staff Accounting Bulletin 121 (SAB 121). President Joe...
The U.S. House will vote next week to overturn President Joe Biden’s veto of Staff Accounting Bulletin 121, also known as SAB 121. The bulletin has...
Despite the lawmakers requesting President Joe Biden to revoke the controversial Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121), the President has decided...
Lawmakers are urging President Joe Biden to reconsider his decision to veto a legislative measure that seeks to repeal the Securities and Exchange Commission’s (SEC) Staff...
The delivery of H.J. Res 109 to President Joe Biden has been delayed, granting him an extended deadline until June 3rd to decide on the repeal...