Tagged: hj res 109

McHenry Slams President Biden for Vetoing Congressional Resolution Challenging the SEC’s Staff Accounting Bulletin No. 121

July 10, 2024 @ 4:55 pm By JD Alois |

Congressman Patrick McHenry took to the floor of the House today to criticize the actions of President Joe Biden regarding his veto of HJ Res. 109 as well as the inability of FIT21 – digital asset legislation – to become law. McHenry noted that HJ… Read More

US Senate Approves Joint Resolution that Overturns SAB 121 – the SEC Rule that Prevents Certain Regulated Firms from Providing Custody for Digital Assets

May 16, 2024 @ 2:34 pm By JD Alois |

Following approval in the House earlier this month, the US Senate has voted on and approved HJ Res. 109, which overturns the SEC’s Staff Accounting Bulletin (SAB) 121 under the Congressional Review Act (CRA). When the House approved the resolution. Chairman of the House Financial… Read More