According to Odaily Planet Daily, on Wednesday, the re-nomination vote for SEC Commissioner Caroline Crenshaw was canceled, which may mean she will lose the opportunity to serve another term at the SEC. The Senate Banking Committee was scheduled to vote last Wednesday on whether to extend Crenshaw's term, but the vote was rejected and cannot be rescheduled.

To continue at the SEC, Crenshaw must be approved before the current congressional session ends, but the 2024 congressional term ends on December 18. After that, she will need approval from the newly Republican-controlled Congress, which is clearly unlikely.

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