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US lawmakers cancel vote to renominate SEC Commissioner Caroline Crenshaw

The original vote was scheduled for December 11, but was postponed by Sherrod Brown, the Senate Banking Committee Chair Congress is due to stop on December 20, so it’s unlikely that Crenshaw will be renominated before President-elect Donald Trump enters the White House The crypto industry has openly opposed the renomination of Crenshaw A US Senate vote to renominate Democrat Caroline Crenshaw for a second term at the US Securities and Exchange Commission (SEC) has been canceled. In an update, the US Senate Committee on Banking, Housing, and Urban Affairs said the scheduled vote on the nomination of Crenshaw to the SEC and Gordon Ito to the Financial Stability Oversight Council had been canceled. The original vote was scheduled for December 11; however, Sherrod Brown, the Senate Banking Committee Chair, postponed it within minutes of starting, due to issues between the Democrats and Republicans. At the time, Brown later released a statement saying that...