Frank Lucas: “Territorial disputes in this region will take on greater importance as resource-rich land and new shipping routes are…”

I thank the chairman for yielding. Mr. Speaker, I support this bipartisan CRA to overturn the SEC's Staff Accounting Bulletin 121. SAB 121 has removed a bank's ability to offer custodial services for digital assets and has prevented banks…

since the Biden Administration could not successfully implement its climate agenda through Congress... it has turned to the agencies to implement climate policy unilaterally.

You have reiterated how Members of the Board would like to see a revised Basel proposal put out for public comment.

You are all aware of the significant concern that the Basel Endgame proposal from your agencies will disadvantage U.S. banks on multiple fronts.