In a notice posted on its website, the SEC said the 2022 guidance known as Staff Accounting Bulletin 121, which then-President Joe Biden blocked lawmakers from cancelling in May of last year, had been revoked.
Now that Donald Trump is president, there’s no appetite within the GOP for scrutinizing the myriad conflicts of interest in the White House.
President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his predecessor Joe Biden’s stance on crypto was more ambivalent.
The U.S. Securities and Exchange Commission’s new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major move by President Donald Trump’s new administration to overhaul crypto policy.
U.S. stocks are about to close out Joe Biden’s era on a high note as the president bids farewell to the White House. The 46th president of the United States is bringing his time at the White House to a close with the S&P 500 up around 54% since he took office on Jan.
Trump has broad authority to issue such orders, but many of his more sweeping actions are likely to face legal challenges before they can take effect.
The Securities and Exchange Commission (SEC), led by new acting Chair Mark Uyeda, has rescinded the controversial Staff Accounting Bulletin (SAB) 121, a rule that imposed strict disclosure requirements on
Bye, Biden
Bye, then: In a primetime address, President Joe Biden bid goodbye to the nation.
The administration of President Donald Trump announced the first significant step towards reducing regulatory pressure on the cryptocurrency industry.
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.