U. S. Senators Cynthia Lummis and Bernie Moreno have urged Treasury Secretary Scott Bessent to swiftly revise a key tax policy definition that they argue is obstructing how American companies manage digital assets. In a letter dated May 12, Senators Lummis and Moreno urged Bessent to revise the current interpretation of “adjusted financial statement income” under existing U
source: https://news.shib.io/2025/05/14/senators-push-fix-to-crypto-tax-policy-before-its-too-late/?utm_source=rss&utm_medium=rss&utm_campaign=senators-push-fix-to-crypto-tax-policy-before-its-too-late