The outcome of the Senate's re-election vote on SEC Commissioner Caroline Crenshaw is "to be determined"

A vote by U.S. senators to renominate U.S. SEC Commissioner Caroline Crenshaw for re-election is currently pending due to the digital asset industry's opposition to her anti-cryptocurrency stance. A person familiar with Crenshaw's nomination process said the outcome of the vote was "pending". The vote was originally scheduled for Wednesday as part of a hearing before the U.S. Senate Banking Committee. According to a statement released late Wednesday, the committee's chairperson, Ohio Democratic Sen. Sherrod Brown, said Republicans had blocked the committee from holding a vote to nominate Crenshaw and Gordon Ito to the Financial Stability Oversight Committee. Brown said the committee, which convenes more than two hours after the Senate meets, requires the unanimous consent of all senators, which is usually achievable. However, Republicans are opposed to calling a conference for a vote.