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The U.S. Senate has abandoned the renomination hearing for anti-crypto Democratic SEC Commissioner Caroline Crenshaw.
Outgoing Securities and Exchange Commissioner Caroline Crenshaw will not be renominated to her position following a decision by the Senate Banking Committee. The hearing to nominate Crenshaw and Gordon Ito to the Financial Stability Oversight Council, previously scheduled for Wednesday, December 17, was canceled, according to multiple reports.

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