Dec 17, 2024 - Politics & Policy
Schumer nominee pulled
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In not-so-good news for Schumer, Senate Dems are abandoning an anti-crypto SEC nominee, leaving the slot open for Republicans to fill in the new year.
Why it matters: Schumer can't count on the support of Sens. Joe Manchin and Kyrsten Sinema for high-stakes nominees in the final days of his majority.
- Banking Committee Chair Sherrod Brown (D-Ohio) won't hold a committee vote to advance Democrat Caroline Crenshaw's nomination for another term as an SEC commissioner, sources tell us.
- Brown has pushed for Crenshaw's confirmation, but there is not a path to getting her a floor vote at the end of this year, the sources said.
The big picture: Manchin and Sinema tanked a nominee last week who would have cemented Democratic control of the National Labor Relations Board for at least two more years.
— Stephen Neukam
