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Interest groups call on US Senate to confirm Caroline Crenshaw to SEC

Interest groups call on US Senate to confirm Caroline Crenshaw to SEC

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Source: Coin Telegraph

A letter sent to the Senate signed by more than 40 organizations suggested that Donald Trump might not abide by tradition and nominate Democrats to the SEC at all.

Consumer advocacy organization Public Citizen and other interest groups are urging lawmakers in the United States to act and confirm Caroline Crenshaw to a second term at the Securities and Exchange Commission (SEC) before the next Congress is sworn in.

In a Dec. 12 letter to the US Senate, more than 40 organizations asked lawmakers to vote yes on Crenshaw’s nomination, which could have her working at the SEC until 2029.

The Senate Banking Committee was expected to decide on the SEC commissioner’s nomination on Dec. 11 before a postponement, having many questioning whether lawmakers have enough time to confirm Crenshaw in the current session of Congress.

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Author: Turner Wright