CandleFocus Delayed Crenshaw vote increases odds of all-Republican SEC early next year
2024-12-12
Author: Content Editor
The Senate Banking Committee has delayed its vote to confirm SEC Caroline Crenshaw, potentially allowing President-elect Donald Trump to nominate a replacement if she is not confirmed before the Senate adjourns. Pro-crypto lobbying efforts are increasing in Washington DC, with the non-profit Stand With Crypto opposing Crenshaw's nomination. Democratic Rep. Shri Thanedar is pleased with the vote delay and highlights the importance of supporting leaders who are favorable toward crypto. Advocacy groups are urging Senators to finalize Crenshaw's second term to maintain a bipartisan SEC.
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