Biden is being treated like a president who drives away American entrepreneurs

In response to the Biden administration's announcement that it plans to veto the Joint Resolution (H.J. Res. 109) to Nullify the Accounting Guidance for Bank Cryptocurrency Custody Obligations (SAB 121), which was passed by the U.S. House of Representatives on August 8th (local time), U.S. venture capitalist and Bitcoin maximalist Tim Draper pointed out that “Biden is driving entrepreneurs out of the U.S. with his unilateral stance.” “All new jobs and innovation come from entrepreneurs who are starting to leave the US. Biden doesn't realize this.” Coinness previously reported that the U.S. House of Representatives passed a joint resolution (H.J. Res.) to nullify SAB 121, and the White House plans to veto it.