Democrat Caroline Crenshaw’s nomination for another term as a commissioner at the Securities and Exchange Commission has faced new setbacks. A planned vote by the Senate Banking Committee was postponed after Senate Banking Committee Chair Sherrod Brown delayed the vote just minutes before it was set to occur on Wednesday morning, after the committee’s GOP members had arrived. Republican senators blocked Brown’s request to waive procedural rules and hold the vote later in the day, according to a Senate aide.

The delay pushed Crenshaw’s vote into the afternoon, conflicting with a Senate rule that restricts committees from meeting after the Senate has been in session for two hours or past 2:00 p.m. EST. A waiver could have allowed the vote to proceed, but Republicans, under the direction of Ranking Member Senator Tim Scott, blocked the waiver.

As a result, Brown will need to reschedule the vote, though it is unclear when this will happen. The request for comment is pending.

As reported by Fox Business journalist Eleanor Terrett, Brown said, “This is why people hate Washington. Corporate special interests have run a disgusting smear campaign against Caroline Crenshaw, an Army reservist and public servant who has been nominated and confirmed by a Republican President and Republican Senate. She has been thoroughly vetted and has gone through every step in the nomination process. Republican Senators are doing the bidding of corporate special interests and standing in the way of her confirmation.”

In response to Brown’s statement, pro-XRP lawyer John Deaton criticized Caroline Crenshaw’s actions, accusing her of advocating for ignoring the Court of Appeals that oversees the SEC. Deaton argued that as a member of the SEC, Crenshaw cannot claim to uphold the rule of law while disregarding it when it doesn’t align with her views. He called her actions a “disgrace” and claimed it dishonored the oath she took. 

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed