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senate committee postpones vote on sec commissioner caroline crenshaw renomination

A Senate committee vote to re-nominate SEC Commissioner Caroline Crenshaw has been postponed, leaving her future uncertain. The delay, attributed to Republican opposition, raises the possibility of a Republican majority at the SEC following the upcoming Trump administration. Current SEC Chair Gary Gensler will depart on January 20, 2025, and Crenshaw's critics within the crypto industry are vocal about their desire for her removal.
Cointelegraph
United States Dollar Coinbase Global, Inc. USA Donald Trump Caroline Crenshaw Tim Scott Sherrod Brown Jaime Lizarraga Gary Gensler Hester Peirce Brian Armstrong Kain Warwick Paul Atkins Cody Carbone Mark Uyeda Show more
Regulatory & Legal, News Article
06:51 12.12.2024

crypto groups challenge re-nomination of sec commissioner caroline crenshaw

Crypto advocacy groups, including the Blockchain Association and DeFi Education Fund, have opposed the re-nomination of SEC Commissioner Caroline Crenshaw, citing her negative stance on cryptocurrency and actions that undermine Congress's regulatory mandate. Crenshaw, a Biden appointee, dissented on the approval of spot Bitcoin ETFs, aligning with the SEC's critical approach to the industry. The U.S. Senate Banking Committee is set to vote on her re-confirmation, which could extend her term until 2029.
CoinJournal
United States Dollar USA Jaime Lizárraga Caroline Crenshaw Tim Scott Sherrod Brown Gary Gensler Hester Peirce Eleanor Terrett Joe Biden Mark Uyeda Show more
Regulatory & Legal, News Article
22:01 09.12.2024
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