Lummis Lauds Passage of Resolution Rolling Back SEC Overreach
May 16, 2024
May 16, 2024
WASHINGTON, May 16 -- Sen. Cynthia M. Lummis, R-Wyoming, issued the following news release:
Today, U.S. Senator Cynthia Lummis (R-WY) applauded the U.S. Senate passing her Congressional Review Act (CRA) resolution overturning the U.S. Securities and Exchange Commission's (SEC) Staff Accounting Bulletin (SAB) 121. This resolution protects the foundation of essential custody services for consumers and deals a major blow to President Biden's SEC that has become a runaway regulatory age . . .
Today, U.S. Senator Cynthia Lummis (R-WY) applauded the U.S. Senate passing her Congressional Review Act (CRA) resolution overturning the U.S. Securities and Exchange Commission's (SEC) Staff Accounting Bulletin (SAB) 121. This resolution protects the foundation of essential custody services for consumers and deals a major blow to President Biden's SEC that has become a runaway regulatory age . . .