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

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."

Industry insiders are concerned about the possibility of anti-crypto SEC Commissioner Caroline Crenshaw being re-elected, calling for changes at the SEC

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."
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