US Senate passes Congressional Review Act to review SEC's controversial crypto policy, SAB 121, with a bipartisan vote of 60 to 38. Despite President Biden's previous threat to veto any resolution to overturn the SEC policy, the strong support for the bill, including from Senate majority leader Chuck Schumer, may force a rethink in the White House. The American Bankers Association has also urged Biden to sign the resolution into law. Biden now faces a complex decision, with the possibility of a 'pocket veto' if Congress is not in session. The SEC could also choose to revoke SAB 121, avoiding a potential veto showdown.