According to ChainCatcher, reported by The Block, due to opposition from the digital asset industry regarding U.S. SEC Commissioner Caroline Crenshaw's anti-cryptocurrency stance, the vote on her renomination by U.S. senators is currently pending. A person familiar with the Crenshaw nomination process said that the voting outcome is 'yet 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 chair, 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 met more than two hours after the Senate convened, requires unanimous consent from all senators, which is usually achievable. However, the Republicans opposed holding a meeting for the vote.
Brown stated in the release: 'This is why people hate Washington, corporate special interest groups have conducted a despicable smear campaign against Caroline Crenshaw, who is an Army Reserve officer 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 executing the orders of corporate special interest groups and obstructing her confirmation.'