SEC Nominees Blocked in Senate as Democratic Senator Seeks Answers

(Reuters) Approval of a pair of nominees to serve as commissioners at the Securities and Exchange Commission is being delayed in the U.S. Senate by a Democratic lawmaker, in turn posing challenges to any significant rulemaking by the SEC. Senator Tammy Baldwin has placed a hold on Hester Peirce, a Republican, and Robert Jackson, a Democrat, pending their answers to several questions she has about how they would address certain issues at the SEC.

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