The update to the calendar makes it unlikely lawmakers will be able to vote on the SEC commissioner’s nomination before the next session of Congress.
United States lawmakers in the Senate Banking Committee canceled a markup session to consider the nomination of Caroline Crenshaw for a second term at the Securities and Exchange Commission.
According to a Dec. 17 update, the banking committee will no longer meet on Dec. 18 to vote on the nomination of Crenshaw to the SEC or Gordon Ito to the Financial Stability Oversight Council.
The canceled session makes it increasingly unlikely Democratic senators will confirm Crenshaw’s nomination before Republicans take majority control of the chamber in January.
