The White House pushed back Thursday against claims that it has refused to nominate Democratic commissioners to key financial regulators, adding another dispute to the debate over U.S. cryptocurrency rules as the Senate prepares to return from recess.
In a letter to Senate leaders, the White House said it had asked Democrats for recommendations for vacant seats at the Securities and Exchange Commission and the Commodity Futures Trading Commission but had "not received names in response," Yahoo Finance reported, citing the letter.
