According to Fox Business reporter Eleanor Terrett on the X platform, the Senate Banking Committee will meet next Wednesday to vote on whether to renominate SEC Democratic Commissioner Caroline Crenshaw. If the Senate votes, she will be able to serve on the committee until 2029. If she is not confirmed, Trump will be able to nominate someone else. It is reported that during her tenure on the committee, Caroline Crenshaw has been an ally of SEC Chairperson Gary Gensler and a supporter of his policies, pushing for stricter climate reporting requirements. She also voted against the approval of a BTC spot ETF.