Also, the report notes, it’s valuable for the leadership to have multiple perspectives and expertise as the SEC and its counterparts deal with a range of issues—many unanticipated.
Vacancies “can result in lower-priority work not getting done, higher-priority work not receiving as much attention as is warranted, or work generally taking longer to complete,” the report said.
The best solutions, said the center, are for a president to always have a list of candidates in mind to fill expected and unexpected vacancies and for the full Senate to have an up or down vote within 90 days after a nominee is submitted.