Pro-XRP lawyer slams SEC’s Crenshaw as ‘disgraceful’ as Senate panel delays vote

Democrat Carolyn Crenshaw's nomination to serve as commissioner of the Securities and Exchange Commission faces new hurdles. A scheduled vote by the Senate Banking Committee was postponed after GOP members of the committee arrived. Republican senators blocked Brown's request for a vote to waive procedural rules, a Senate aide said.

The delay pushed Crenshaw's vote into the afternoon, in violation of Senate rules that restrict committees from meeting after the Senate has adjourned for two hours or after 2:00 pm EST. A veto vote would have allowed him to continue, but Republicans, led by ranking member Sen. Tim Scott, blocked his release.

As a result, it is not clear when this will happen, but Brown will need to postpone the vote. The request for comment is pending.

“This is why people hate Washington,” Brown said, according to Fox Business reporter Eleanor Terrett. Corporate special interests have waged a vicious smear campaign against Caroline Crenshaw, an Army Reservist and public servant who was nominated and confirmed by a Republican President and a Republican Senate. She was thoroughly vetted and went through every step of 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, XRP attorney John Deaton criticized Carolyn Crenshaw's actions, arguing that the appellate court overruled the SEC. Deaton argued that as an SEC member, Crenshaw cannot claim to uphold the rule of law, ignoring it when it doesn't align with her views. He called her actions “disgraceful” and said it dishonored her oath.