White House and U.S. Treasury officials have reached an agreement regarding specific governmental responsibilities. They concur that primary leadership for a particular work now resides with regulatory bodies. This consensus comes despite earlier expectations or hopes that a relevant bill might see renewed consideration in Congress.
Specifically, the officials acknowledged that the legislative path, potentially through Congress' lame duck session, is not the immediate or primary avenue for progress on the issue. Instead, the focus has shifted, indicating that regulators are expected to take the lead on these pertinent matters. This understanding suggests a clear direction from these senior government entities on who is tasked with moving forward.