Lummis Leads Letter to Urge Prudential Regulators Not to Enforce SAB 121
November 15, 2023
November 15, 2023
WASHINGTON, Nov. 15 -- Sen. Cynthia M. Lummis, R-Wyoming, issued the following news release:
WASHINGTON, D.C. -- U.S. Senator Cynthia Lummis (R-WY) led a letter to the prudential regulators alongside Sen. Kirsten Gillibrand (D-NY) and House Financial Services Committee Chair Patrick McHenry Patrick McHenry (R-NC) urging them to clarify that Staff Accounting Bulletin (SAB) 121 is not enforceable after the Government Accountability Office (GAO) found that it is a rule for purposes of . . .
WASHINGTON, D.C. -- U.S. Senator Cynthia Lummis (R-WY) led a letter to the prudential regulators alongside Sen. Kirsten Gillibrand (D-NY) and House Financial Services Committee Chair Patrick McHenry Patrick McHenry (R-NC) urging them to clarify that Staff Accounting Bulletin (SAB) 121 is not enforceable after the Government Accountability Office (GAO) found that it is a rule for purposes of . . .