CoinVoice recently learned that, according to The Block, due to the digital asset industry's opposition to U.S. SEC Commissioner Caroline Crenshaw's anti-cryptocurrency stance, the vote on her re-nomination for another term is currently pending. A person familiar with the Crenshaw nomination process indicated that the vote 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 chair, Ohio Democratic Senator Sherrod Brown, said that Republicans blocked the committee from holding a vote on the nominations of Crenshaw and Gordon Ito to the Financial Stability Oversight Council. Brown stated that the committee, which met more than two hours after the Senate convened, requires unanimous consent from all senators, which is usually achievable. However, Republicans opposed convening the meeting for the 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 and public servant, having been nominated and confirmed by Republican presidents and Republican senators. 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." [Original link]