Biden vetoes congressional disapproval of SEC accounting bulletin on crypto assets
By Douglas Gillison
WASHINGTON (Reuters) – U.S. President Joe Biden on Friday vetoed a congressional disapproval of the U.S. Securities and Exchange Commission’s accounting bulletin on crypto assets.
“By virtue of invoking the Congressional Review Act, this Republican-led resolution would inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address future issues,” Biden said in a statement released by the White House.
![Biden vetoes congressional disapproval of SEC accounting bulletin on crypto assets](https://4imag.com/wp-content/uploads/2024/06/2024-05-31T232158Z_2_LYNXMPEK4U0WM_RTROPTP_4_USA-ELECTION-BIDEN-1024x683.jpg)