Feb 29, 05:11 PM

House Judiciary Committee Passes Censorship Accountability Act and Forfeiture Funds Expenditure Transparency Act; Pushes for SEC's SAB 121 Repeal with Congressional Review Act Nullification

The House Judiciary Committee passed the Censorship Accountability Act and the Forfeiture Funds Expenditure Transparency Act. Lawmakers are pushing to repeal the SEC's Staff Accounting Bulletin 121, which hinders regulated banks from serving as digital asset custodians. The bipartisan resolution aims to nullify the unlawful rule using the Congressional Review Act.

#House Judiciary Committee #Censorship Accountability Act #SEC #Staff Accounting Bulletin 121 #Congressional Review Act

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Rep. Harriet Hageman@RepHageman
2 years ago
Today, the House Judiciary Committee passed two bills that I sponsored. HR 4848, the Censorship Accountability Act, and HR 2595, the Forfeiture Funds Expenditure Transparency Act. I look forward to both of these bills being passed by the full House of Representatives soon. https://t.co/yLkKoGSfvZ
Perianne@PerianneDC
2 years ago
PROGRESS ✅ SAB 121 passed out of Committee today with bipartisan support! It’s headed to the House floor. Our team will continue to push for a full repeal of SAB 121 to help drive digital asset adoption. https://t.co/xjZAvnSE58 https://t.co/VYw6mzHtri
Rep. Victoria Spartz@RepSpartz
2 years ago
Today, @JudiciaryGOP passed the Censorship Accountability Act, which will empower Americans to sue federal officials who violate their First Amendment rights. Watch my remarks in support of this bill ⬇️ https://t.co/FPImsov7LR

House Judiciary Committee Passes Censorship Accountability Act and Forfeiture Funds Expenditure Transparency Act; Pushes for SEC's SAB 121 Repeal with Congressional Review Act Nullification

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