In a filing Wednesday, the agency said it was postponing its decision until June 17. Optimism has been growing that the SEC may finally approve a Bitcoin ETF launch this year.
Melissa Hodgman, who previously was serving as acting director of the enforcement unit, will return to that role, the SEC said.
The president's tax package could take aim at a long list of sometimes obscure deductions, exclusions and loopholes that are favorites of the 0.1%.
Like Morgan Stanley, UBS kept its investors in the dark for weeks about the size of the losses it incurred in the collapse of Bill Hwang's family office.
The investment firms are buying the company from backers including Genstar Capital, Aquiline Capital and Atlas Merchant Capital.
The actively managed fund is expected to be available as soon as this summer, and NYDIG will be the custody provider.
Republicans are likely to oppose the tax increases en masse, but the White House is also risking a struggle with Democratic lawmakers who want the administration to address the $10,000 cap on state and local tax deductions.
Big banks' finance work involving environmental, social and governance projects saves them a lot on taxes.
The administration reportedly is considering boosting the tax rate on the capital gains to 39.6% from the current base rate of 20%.
At international summit, President Joe Biden says US will double climate assistance to developing countries and cut 50% of domestic emissions by 2030.
