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Outcome of H.J. Res. 109 vote in the House of Representatives
5
Resolution / Starting Odds
Pass by simple majority • 33%
Pass by two-thirds majority • 33%
Fail to pass • 33%
Official House of Representatives voting records
Story
Rep. Flood Pushes Bipartisan H.J. Res. 109 to Repeal SEC's SAB 121
May 7, 2024, 02:44 PM
Representative Mike Flood is actively advocating for the repeal of SAB 121 with a bipartisan resolution, H.J. Res. 109. This SEC regulation under Gary Gensler has hindered banks from custodian cryptocurrencies, causing consumers to struggle in finding secure storage for their assets. Flood testified before the House Rules Committee, criticizing the rule for limiting options and increasing risks, which he argues contradicts the SEC's goal of protecting investors. House Republicans have also expressed their support, emphasizing the need for oversight and accountability of the SEC.
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Pass with strong majority • 33%
Pass with narrow margin • 34%
Fail • 33%
Resolution Passes • 33%
Resolution Fails • 33%
Vote Postponed • 34%
Passed with strong majority • 33%
Passed with narrow majority • 34%
Not passed • 33%
Passed by large majority • 33%
Passed by narrow margin • 34%
Rejected • 33%
Passes with majority • 33%
Fails to pass • 33%
No vote held • 33%
Positive market reaction • 33%
Negative market reaction • 33%
No significant change • 34%
Pass with amendments • 34%
Pass as is • 33%
Fail to pass • 33%
Contempt resolution passes • 50%
Contempt resolution fails • 50%
More than 20 Democrats support • 25%
10-20 Democrats support • 25%
Less than 10 Democrats support • 25%
No Democratic support • 25%