PANews reported on December 12 that according to Bloomberg, the nomination of US Democrat Caroline Crenshaw for re-election as a member of the U.S. Securities and Exchange Commission (SEC) has encountered more obstacles as the originally planned committee vote has been postponed. With only a few days left on this year's congressional schedule, this move increases the possibility of a three-member SEC commission composed of Republicans in the first few months of Trump's next administration. Crenshaw's renomination has been pending since her term at the agency officially ended in June. If the nomination continues to be blocked, Trump may choose Republican Paul Atkins to fill her vacancy on the five-member board because her term has ended. According to regulations, Crenshaw can only stay at the SEC until January 2026 if no one else is confirmed to take on her role.
Earlier news , several crypto advocacy organizations published advertisements and letters opposing the nomination of Caroline Crenshaw, a Democratic SEC commissioner in the United States.
