Senate Banking Committee to Vote on SEC Nominee Crenshaw Next Wednesday

The Senate Banking Committee will vote on the nomination of Caroline Crenshaw to be a commissioner at the Securities and Exchange Commission next Wednesday, according to Fox Business reporter Eleanor Terrett. The committee previously canceled a vote on her nomination that was scheduled for Tuesday. Crenshaw's nomination has been controversial, with some Democrats expressing concerns about her views on cryptocurrency regulation and her past work for a law firm that represents crypto companies. However, she has also received support from some Republicans, who argue that she is a qualified and experienced candidate. The SEC has been increasingly focused on cryptocurrency regulation in recent months, and Crenshaw's nomination is likely to be closely watched by the crypto industry. If she is confirmed, she will be one of four commissioners on the SEC, and she could play a significant role in shaping the agency's approach to crypto regulation.