Law & Policy

politics

What’s the best coverage around why Biden would veto SAB 121?

x-posting, any good reads for why Biden would veto SAB 121?

x-posting, any good reads for why Biden would veto SAB 121?
https://warpcast.com/zain/0x8e9d0dab

Contributing to OP Labs. Come join me on the track if you’re in /austin @ atxsprint.club

https://warpcast.com/cryptotaxguy.eth/0x5abea1f5

Tax partner & digital assets co-head @ Fried Frank. Art appreciatoor. Casts are not advice. Twit: CryptoTaxGuyETH. Deca: https://deca.art/CryptoTaxGuy

Crypto Attorney, Web2 Founder, Farcaster Maxi. Moderator for /law-policy

@cryptotaxguy.eth just read your blog (great explanation re implications of treating crypto as a liability), curious if you have any thoughts on why Biden would veto SAB 121?

CRA overrides are embarrassing for the administration.

Congressional Review Act. 

Not vetoing is an admission the SEC - an arm of the executive branch - in fact violated the law.