SEC Commissioner Caroline Crenshaw's renomination vote was postponed, leaving her role at the agency up in the air.
A Senate committee vote to re-nominate Commissioner Caroline Crenshaw, a Democrat, to the Securities and Exchange Commission (SEC) has been postponed, leaving her position at the agency up in the air.
The vote to re-nominate Crenshaw was originally scheduled for the morning of Dec. 11 as part of a United States Senate Banking Committee hearing. However, according to a report from Bloomberg, Senate Banking Committee Chair Sherrod Brown postponed the meeting just minutes before it was due to begin.
Republican Senators then blocked Brown’s request to hold the vote later that day. Brown said in a statement afterward that corporate special interests were running a “disgusting smear campaign” against Crenshaw.
