Bipartisan Supermajority in the Senate Passes “Broker” CRA; Crypto Caucus Announced; SEC Drops More Crypto Actions; President Trump's EO
Bipartisan Supermajority in the Senate Passes “Broker” CRAWhat happened? On March 4, 2025, the Senate voted on S.J. Res. 3, a joint resolution of disapproval of the DeFi portion of the Internal Revenue Service’s (IRS) “Broker Rule.” The resolution leverages the Congressional Review Act, which allows Congress to disapprove of recently finalized regulations. In a heavily bipartisan 70-27 vote, the resolution passed. As a refresher, on December 27, 2024, the Treasury Department & IRS...| DeFi Education Fund
