Senate scraps vote to renominate SEC’s Crenshaw following crypto backlash
FOX Business’ Charlie Gasparino discusses the cryptocurrency industry’s effort to block a second term for SEC Commissioner Caroline Crenshaw on ‘The Claman Countdown.’
The Senate Banking Committee has scrapped a vote to advance the renomination of Democrat and crypto-skeptic Securities and Exchange Commissioner Caroline Crenshaw to another term at Wall Street’s top cop.
The move comes after an intense lobbying effort by major players in the crypto industry to convince Senate Democrats to block President Biden’s renomination of Crenshaw to another five-year term.
The Senate Banking Committee – still controlled by the Democrats until the next Congress starts in January – was scheduled to vote Wednesday morning on…
