The Senate Banking Committee on Wednesday approved the nominations of Hester M. Peirce and Caroline Crenshaw to the SEC.
Ms. Peirce, a Republican who has served on the commission since January 2018, and Ms. Crenshaw, a Democrat, were simultaneously approved by voice vote.
Their nominations will now head to the full Senate.
Ms. Peirce, a former senior research fellow at the Mercatus Center at George Mason University, where she was director of the financial markets working group, was renominated in June to a term that expires in June 2025.
Ms. Crenshaw, who if confirmed would serve as one of two Democrats on the five-member commission for a term expiring in June 2024, previously served as a staff member for former commissioners Robert J. Jackson Jr. and Kara M. Stein. She is currently senior counsel at the SEC and a captain in the Army JAG Corps and was also nominated in June.