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Disapproving SEC crypto accounting bulletin SAB 121 (H.J.Res. 109)

Senate vote · H.J.Res. 109 · On the Joint Resolution · May 16, 2024Free markets

Overturns SEC staff guidance that made it costly for banks to hold crypto assets for customers.

Liberty position
Yea
The Senate voted
60 Yea, 38 Nay
Why Yea is the liberty side
A yes vote removed a regulation that kept banks out of a new market.

Counted under the principle Free markets and free trade.

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The count

84 current members of Congress were in the Senate for this vote. Members who have left Congress are not listed.

On the liberty side
51
42 Republicans, 9 Democrats
Against the liberty side
32
30 Democrats, 2 Independents
Not counted
1
1 Republican

On the liberty side

51 current members voted Yea.

Against the liberty side

32 current members voted Nay.

Not counted

1 current member missed the vote or voted present. Neither counts for or against a member.

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Discussion

Disapproving SEC crypto accounting bulletin SAB 121 (H.J.Res. 109)

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