Coinbase CEO Brian Armstrong took to X on Monday, December 9, to criticize United States Securities and Exchange Commissioner (SEC) Caroline Crenshaw as the Senate Banking Committee was set to vote on her renomination for the role this week. ### Coinbase CEO Brian Armstrong Criticizes Caroline Crenshaw “Caroline Crenshaw was a failure as an SEC Commissioner and should be voted out,” the crypto mogul wrote, saying Crenshaw was “worse than (SEC Chair Gary) Gensler on some issues.” Armstrong's criticism was also shared on Twitter, where he remarked: "Caroline Crenshaw was a failure as an SEC Commissioner and should be voted out. She tried to block the Bitcoin ETFs, and was worse than Gensler on some issues (which I didn’t think was possible). The Senate Banking Committee should take note – the crypto community is watching…” Notably, Crenshaw, a Harvard-educated federal regulator, spoke out against Bitcoin ETFs ahead of their approval last year. She argued in a January 10 statement that approving Bitcoin ETFs would set investors up for “tomorrow’s failure.” Armstrong continued, urging the Senate Banking Committee to consider the crypto community’s view on the vote. Coinbase President and COO Emilie Choi appeared to agree with Armstrong, stating in her own post on X that Crenshaw remains “vehemently anti-crypto.” “She’s even embarrassingly opposed Bitcoin ETFs,” Choi said. “The SEC has to change.” ### Senate Banking Committee to Decide SEC Commissioner’s Fate According to Fox Business journalist Eleanor Terrett, if Crenshaw is approved, she will continue serving as SEC Commissioner through 2029. The vote is scheduled for Wednesday, February 11. Armstrong, a vocal supporter of the digital asset industry, noted that the decision regarding Crenshaw's renomination could influence crypto political collective Stand With Crypto’s scorecards for politicians based on their stance on the industry. Meanwhile, Gensler, who has appeared to be a long-time affiliate of Crenshaw, recently announced his decision to step down before President-elect Donald Trump’s inauguration on January 20. “The Securities and Exchange Commission is a remarkable agency,” Gensler said in a recent statement. “It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that our capital markets remain the best in the world.” Just last week, former SEC Commissioner Paul Atkins was selected by Trump to lead the federal agency. Atkins is seen as a crypto-friendly pick to head the agency, with Trump having previously vowed to fire Gensler due to his regulation-by-enforcement approach to the blockchain sector. Trump had also strongly supported digital assets during his campaign, even launching his family’s crypto platform, World Liberty Financial. As Trump prepares for his second term as U.S. president, he will have greater influence than ever over the SEC’s direction.