Joe Biden’s pick for OECD ambassador could give up Coinbase advisory council: Report
Former Representative Sean Patrick Maloney reportedly sent a letter to Senator Elizabeth Warren claiming he would recuse himself from crypto-related policy decisions at the OECD.
Sean Patrick Maloney, a former United States House of Representatives member, reportedly plans to stop working on crypto-related issues if confirmed as a U.S. representative to the Organization for Economic Cooperation and Development (OECD).
According to a Feb. 14 Politico report, Maloney sent a letter to Massachusetts Senator Elizabeth Warren on Feb. 9 pledging to resign from private-sector advisory work and recuse himself from decisions impacting crypto policy at the OECD if confirmed. U.S. President Joe Biden announced Maloney was his pick to be an OECD ambassador in May 2023.
Maloney, who previously represented New York’s 18th congressional district in the House, joined Coinbase’s Global Advisory Council roughly the same time as President Biden’s announcement. In December 2023, Senator Warren called out crypto advocacy groups like the Coinbase council for its “revolving door” policy of onboarding former government officials, including Maloney.
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