Congressman Flood Applauds Passage of SAB 121 Repeal
May 08, 2024
May 08, 2024
WASHINGTON, May 8 -- Rep. Mike Flood, R-Nebraska, issued the following news release:
Today, U.S. Congressman Mike Flood applauded the bipartisan passage of H.J. Res. 109, a measure that repeals the U.S. Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121, also known as SAB 121.
"Since President Biden took office, his administration has made it a point to test the limits of, and take shortcuts around, the public rulemaking processes. Staff . . .
Today, U.S. Congressman Mike Flood applauded the bipartisan passage of H.J. Res. 109, a measure that repeals the U.S. Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121, also known as SAB 121.
"Since President Biden took office, his administration has made it a point to test the limits of, and take shortcuts around, the public rulemaking processes. Staff . . .