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OMB Issues Statement of Administration Policy on Financial Innovation & Technology for the 21st Century Act
May 23, 2024
WASHINGTON, May 23 -- The White House Office of Management and Budget issued the following statement of administration policy on May 22, 2024, on the Financial Innovation and Technology for the 21st Century Act (H.R. 4763), which was introduced by Rep. Glenn Thompson, R-Pennsylvania, and 11 cosponsors:

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The Administration opposes passage of H.R. 4763, which would affect the regulatory structure for digital assets in the United States. The Administration is eager to . . .

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