Senate Banking Committee Advances Digital Regulatory Framework Bill
Lawmakers passed the legislation out of committee, securing two Democrat votes, but it faces expected concerns in the full Senate.
The changes would undo enhanced requirements put in place under former President Joe Biden.
The plan would further affect agencies already grappling with reduced staffing.
The case can be amended and refiled in the same district court.
Higher tax bills may change the risk/return profile for a variety of asset classes that have long been favored by endowments and foundations.