Biden pushes back on GOP SEC resolution; Easterly calls for incident reports to CISA, FBI while rulemaking process continues

President Biden is throwing his support behind a controversial SEC cyber disclosure rulemaking for publicly traded companies, while CISA Director Jen Easterly made it clear to lawmakers this week that critical infrastructure entities should report incidents voluntarily as the regulatory process continues to set up mandatory requirements.

Biden threatened on Wednesday to veto a resolution sponsored by Senate Banking member Thom Tillis (R-NC) to roll back the Securities and Exchange Commission’s cyber incident disclosure rulemaking that went into...