Financial Accounting Standards Board chairman Robert Herz came out swinging this week at a House subcommittee hearing discussing whether or not to implement the board’s plan to force companies to expense stock options.

Herz said any movement by Congress to stall FASB’s plan amounts to undermining the standards setting process and sends the public a message that lawmakers are willing to intervene in the process based on factors other than the public’s best interest.

House sponsors of the bill, however, told the subcommittee that any across the board effort to require corporations to expense stock options would have a “devastating impact on job creation and our economic life.”

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