ChainCatcher news, according to Cointelegraph, the U.S. Senate Banking Committee will vote on December 11 to decide whether to re-nominate SEC Commissioner Caroline Crenshaw, a cryptocurrency skeptic. Several executives in the crypto industry have expressed disappointment over her potential reappointment. Crenshaw was one of the two SEC commissioners who voted against approving the spot Bitcoin ETF in January.Coinbase President and COO Emilie Choi stated, "Caroline Crenshaw is against cryptocurrency. She even embarrassingly opposed the Bitcoin ETF. The SEC needs to change."Alexander Grieve, Vice President of Government Affairs at crypto investment firm Paradigm, said that Crenshaw's departure would be "the last 'gift' to the cryptocurrency industry," as Senate Banking Committee Chairman Sherrod Brown is trying to force through the re-nomination of anti-crypto SEC Commissioner Caroline Crenshaw.Bloomberg ETF analyst James Seyffart noted that Crenshaw is not only an "ally" of SEC Chairman and cryptocurrency skeptic Gary Gensler but is also "more strongly opposed to cryptocurrency" than Gensler himself."Just read her opposition letter to the Bitcoin ETF approval from January," Seyffart added, noting that another opposing SEC commissioner, Jaime Lizárraga, "didn't even join the position she expressed in her letter." After the SEC approved the issuance of a Bitcoin spot ETF in the U.S. on January 10, Crenshaw, who was sworn in as an SEC commissioner in August 2020, stated that the SEC's approval of the ETF was "unreasonable and inconsistent with historical norms."Austin Campbell, CEO of digital payment company WSPN, stated that he wants to "remind all Democrats that Caroline Crenshaw voted to say that the SEC should defy a federal judge's order, break the law, and reject BTC ETFs after being ordered by the court to approve them."

ChainCatcher news, FOX Business reporter Eleanor Terrett stated on the X platform that the Senate Banking Committee will hold a meeting next Wednesday to vote on the renomination of Democratic SEC Commissioner Caroline Crenshaw. If the Senate approves her nomination, she will continue to serve on the committee until 2029; if she is not approved, Trump will be able to nominate someone else.During her tenure, Caroline Crenshaw has been a supporter of committee chairman Gary Gensler, advocating for stricter climate reporting requirements and voting against the approval of a Bitcoin spot ETF.