It’s unclear how effective crypto’s lobbying effort will be in blocking Crenshaw’s nomination. If all Democratic members of the Senate Banking Committee show up and vote in her favor Wednesday morning, they will have the majority needed to pass her through to a full Senate vote.
Chuck Schumer, the New York Democrat who will relinquish his role of Senate Majority Leader to South Dakota’s John Thune next year could then hold a full Senate vote for Crenshaw next week amidst finalizing the continuing resolution to keep the government funded, the $895 billion defense spending bill, as well as voting on a host of Biden’s judicial nominees, senate sources tell Fox Business.
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Given all that’s on the table, it’s unclear if Schumer will prioritize a vote on Crenshaw’s term extension even if she makes it out of committee, these sources add.
A press rep for Schumer had no immediate comment.