The U.S. Senate has postponed a vote on the reappointment of SEC Commissioner Caroline Crenshaw. This decision resulted from compliance issues with procedural rules caused by changes in the initial timing of voting. Congress is scheduled to adjourn for the rest of the year in seven days, so the Senate must vote on Crenshaw's nomination again within the week.
Wednesday's Senate vote on the reappointment of Securities and Exchange Commission Commissioner Caroline Crenshaw was postponed due to a conflict with procedural rules related to changes in the original schedule.
Senate vote on Caroline Crenshaw's renomination postponed
After a long day of anticipation, the Senate Banking Committee's vote on SEC Commissioner Caroline Crenshaw was postponed until further notice.
Committee Chairwoman Sherron Brown said the committee was scheduled to vote on Crenshaw's renomination Wednesday morning, but was initially moved to the afternoon due to attendance.
“Without bipartisan cooperation on these candidates, attendance is always going to be an issue,” Brown said.
FOX Business' Eleanor Tellet said the timing shift put the vote in violation of Senate procedural rules that prohibit Senate committees and subcommittees from meeting after a two-hour session or after 2 p.m. ET. said.
She also claimed that the change to the afternoon vote could be the work of some commissioners who are not happy to be swayed by crypto industry players.
However, Sen. Tim Scott addressed the change and said it was a result of the current administration's lack of transparency.
“At the last minute, Democrats postponed a vote on President Biden’s anti-cryptocurrency, climate change activist nominee. These votes should be canceled entirely. And this dysfunction and lack of transparency “It's just the last gasp of a failed lame duck government,” Tim Scott said in an X post on Wednesday.
Parliament is said to then adjourn for a year, so a new voting date must be set within the next seven days. Crenshaw must pass a full committee and Senate vote before he can be reappointed to the committee.
If Crenshaw is re-voted, he will be eligible to serve until 2029.
