United States Senate lawmakers will reportedly attempt to confirm Caroline Crenshaw for another term at the Securities and Exchange Commission (SEC) before Democrats lose their majority control in January. Senate Banking Committee Chair Sherrod Brown, who is leaving Congress on Jan. 3, scheduled a nomination vote for Crenshaw on Dec.
18. Senators initially planned to vote on Dec. 11 on her nomination by President Joe Biden. Brown said the nomination decision was delayed due to Republican senators “doing the bidding of corporate special interests,” possibly referring to the cryptocurrency industry. Crenshaw, a Democrat who has served as an SEC commissioner since 2020, was picked for a second term by President Biden in June, but lawmakers in the Senate have yet to consider her nomination before the chamber changes from Democratic to Republican control in January.
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