U.S. Congress Members introduced bipartisan legislation on Thursday in hopes of overturning the Securities and Exchange Commission’s (SEC) controversial Staff Accounting Bulletin 121 (SAB 121). Senator Cynthia Lummis (R-WY), Representative Wiley Nickel (D-NC), and Mike Flood (R-NE) have joined forces to introduce a Congressional Review Act resolution set to challenge SAB 121, which requires banks The post U.S. Congress Members Push Back Against SEC’s Controversial Accounting Bulletin SAB 121 appeared first on Cryptonews .
