The U.S. Senate's vote on the reappointment of SEC Commissioner Crenshaw is "pending."

2024-12-12 08:04:58
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ChainCatcher news, according to The Block, due to opposition from the digital asset industry to the anti-cryptocurrency stance of SEC Commissioner Caroline Crenshaw, the vote on the re-nomination of her tenure by U.S. senators is currently pending. A person familiar with the Crenshaw nomination process stated that the voting outcome "remains to be determined."

The vote was originally scheduled for Wednesday as part of a U.S. Senate Banking Committee hearing. According to a statement released later on Wednesday, the committee's chairman, Ohio Democratic Senator Sherrod Brown, stated that Republicans blocked the committee from holding a vote to nominate Crenshaw and Gordon Ito to the Financial Stability Oversight Council. Brown noted that the committee, which convened more than two hours after the Senate session, requires unanimous consent from all senators, which is usually achievable. However, Republicans opposed convening the meeting for a vote.

Brown stated in the announcement, "This is why people hate Washington; corporate special interest groups have launched a despicable smear campaign against Caroline Crenshaw, who is an Army Reserve veteran and public servant, nominated and confirmed by a Republican president and Republican Senate. She has undergone thorough scrutiny and has gone through every step of the nomination process. Republican senators are carrying out the orders of corporate special interest groups and obstructing her confirmation."

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