Odaily Planet Daily News On Wednesday, the vote to re-nominate U.S. SEC Commissioner Caroline Crenshaw was canceled, which may mean she will lose her chance for reappointment to the SEC. The U.S. Senate Banking Committee was originally scheduled to vote last Wednesday on whether to extend Crenshaw's term at the SEC, where she has served as a commissioner since 2020. The vote was initially set for this Wednesday, but the Senate website now shows that the vote has been canceled. A Senate aide familiar with the situation stated that the vote has been defeated and cannot be rescheduled. This means that Crenshaw's chances of being reappointed as an SEC commissioner are almost zero. In order to remain at the SEC, Crenshaw must receive approval from the Senate Banking Committee before the end of this congressional session, but the 2024 congressional term ends on December 18. After that, Crenshaw can continue to seek reappointment to the committee, but she must gain approval from the new Congress controlled by Republicans, which is obviously unlikely. (Decrypt)

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