Shield

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<ul class="wp-block-list news-points">
 <li><strong>Eleanor Terrett highlighted the negative potential of outgoing regulatory officials.</strong></li>
 <li><strong>Outgoing officials can file a “midnight lawsuit” that is not subject to the CRA.</strong></li>
 <li><strong>Only new regulations can be reviewed by Congress within 60 days of enactment.</strong></li>
</ul>
<p>Fox Business journalist Eleanor Terrett raised concerns about outgoing regulatory officials potentially targeting the crypto industry in their final days in office. She referenced the 2020 SEC lawsuit against <a href="https://x.com/EleanorTerrett/status/1858601568997961730" target="_blank" rel="noopener noreferrer nofollow">Ripple</a>, describing it as a “midnight lawsuit” designed to avoid oversight under the Congressional Review Act (CRA).</p>
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<p>In a post on X, Terrett responded to claims suggesting any last-minute regulations by agencies like the FDIC, SEC, and CFTC would fall under Congressional review. She clarified that not all actions, particularly lawsuits, are subject to such scrutiny.</p>
<h2 class="wp-block-heading" id="h-how-the-congressional-review-act-can-shield-crypto">How the Congressional Review Act Can Shield Crypto</h2>
<p>According to the observer, the CRA allows Congress to disapprove federal regulations issued by agencies such as the FDIC, SEC, and CFTC. The observer also clarified that the look-back period for such fresh regulations is 60 legislative days, allowing for the potential review of any new laws …</p>
<p>The post <a href="https://coinedition.com/how-congress-could-halt-anti-crypto-laws-under-new-leadership/" rel="noopener noreferrer nofollow">How Congress Could Halt Anti-Crypto Laws Under New Leadership</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

How Congress Could Halt Anti-Crypto Laws Under New Leadership

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