H. R. 189 aims to change the way the Securities and Exchange Commission (SEC) leases office space. It removes the SEC's authority to lease office space directly and instead allows the Administrator to handle this task. The bill also requires a report to be submitted to...
Simple Explanation
H. R. 189 is like when a teacher tells the school janitor to find a classroom for the art club instead of letting the art club pick the room themselves. Now, the teacher has to report back on how they manage all the rooms in the school to make sure everything is going well.