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"As a result of the Tax Cuts and Jobs Act signed into law late last year, investors who convert a traditional IRA or other tax-deferred retirement account to a Roth IRA after December 31, 2017, can no longer recharacterize (in other words, reverse) the conversion."

Now I must be blind. What is the difference between your two statements? Conversions can no longer be recharacterized.
Ira


I must be the blind one...I only see one statement in the original post, which you summarized correctly.

Also, your name is Ira and you commented on an IRA. As the kids say, Lolz.
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