The U.S. Senate has scheduled several important committee hearings for Wednesday, December 11, 2024:
Banking, Housing, and Urban Affairs (9:45 AM – SD-538)
This committee will hold a business meeting to consider two key nominations:
- Caroline A. Crenshaw for a Member of the Securities and Exchange Commission (SEC)
- Gordon I. Ito for a Member of the Financial Stability Oversight Council
Crenshaw’s nomination has sparked controversy, with the crypto industry mounting significant opposition due to her perceived anti-crypto stance[5][8]. If confirmed, she could serve on the SEC until June 2029[5].
Following the nominations, the committee will examine consumer protection, focusing on protecting workers’ money and the dignity of work[6].
Intelligence (2:30 PM – SH-219)
The Intelligence Committee will receive a closed briefing on certain intelligence matters[6]. As this is a closed session, details are not publicly available.
Commerce, Science, and Transportation (2:30 PM – SR-253)
The Subcommittee on Communications, Media, and Broadband will hold a hearing titled “Communications Networks Safety and Security”[4]. This hearing will investigate cybersecurity threats to U.S. telecommunications systems and review best practices for strengthening network security[4].
Rules and Administration (2:45 PM – SR-301)
This committee will conduct an oversight hearing to examine the United States Capitol Police[6].
These hearings cover a range of critical issues, from financial regulation and consumer protection to national security and public safety, reflecting the diverse responsibilities of the U.S. Senate.
Citations:
[1] https://www.house.gov/legislative-activity/2024-12-11
[2] https://www.sec.gov/about/sec-commissioners/caroline-crenshaw
[3] https://www.youtube.com/watch?v=kIfTwLJ_qe4
[4] https://www.commerce.senate.gov/2024/12/communications-networks-safety-and-security
[5] https://www.foxbusiness.com/markets/crypto-lobby-targets-secs-crenshaw-ahead-senate-committee-vote
[6] https://gov.mtopgroup.com/art1/committees-senate
[7] https://www.commerce.senate.gov/hearings
[8] https://cryptobriefing.com/crypto-industry-opposition-sec-caroline-crenshaw/
[9] https://www.govinfo.gov/content/pkg/CREC-2024-12-09/pdf/CREC-2024-12-09-dailydigest.pdf
[10] https://www.house.gov/legislative-activity/2024-11-12
[11] https://crypto.news/blockchain-advocates-oppose-sec-crenshaws-re-confirmation/
[12] https://www.whitehouse.gov/briefing-room/statements-releases/2024/06/13/president-biden-announces-key-nominees-76/
[13] https://www.congress.gov/committee-schedule/daily/2024/11/13
[14] https://www.congress.gov/nomination/118th-congress/1820
[15] https://www.congress.gov/118/crec/2024/12/09/170/182/CREC-2024-12-09-pt1-PgE1241-2.pdf
[16] https://virginiamercury.com/2024/12/11/dc/u-s-senate-gop-wants-mass-deportations-to-start-early-next-year-graham-says/
[17] https://cointelegraph.com/news/dark-money-group-cedar-innovation-crypto-sec-confirmation
[18] https://www.whitehouse.gov/briefing-room/presidential-actions/2024/06/13/nominations-sent-to-the-senate-149/
[19] https://www.ccn.com/news/crypto/caroline-crenshaw-sec-renomination-crypto-backlash/
[20] https://holder.io/news/senate-vote-sec-crenshaw/
| Wednesday, Dec 11, 2024 9:45 AM – SD-538 | Banking, Housing, and Urban Affairs | Business meeting to consider the nominations of Caroline A. Crenshaw, of the District of Columbia, to be a Member of the Securities and Exchange Commission, and Gordon I. Ito, of Hawaii, to be a Member of the Financial Stability Oversight Council; to be immediately followed by a hearing to examine consumer protection, focusing on protecting workers’ money and fighting for the dignity of work. |
| Wednesday, Dec 11, 2024 2:30 PM – SH-219 | Intelligence | To receive a closed briefing on certain intelligence matters. |
| Wednesday, Dec 11, 2024 2:30 PM – SR-253 | Commerce, Science, and Transportation Subcommittee on Communications, Media, and Broadband | Hearings to examine communications networks safety and security. |
| Wednesday, Dec 11, 2024 2:45 PM – SR-301 | Rules and Administration | An oversight hearing to examine the United States Capitol Police. |
Source: Midtown Tribune