Another member of the US Securities and Exchange Commission announced his early resignation, and the Republican Party will have a majority in the agency.

robot
Abstract generation in progress

Golden Ten Data News on November 23rd, Jaime Lizarraga, a Democratic member of the five-member committee of the U.S. Securities and Exchange Commission (SEC), announced that he will retire two years early. After the Trump administration takes office in January next year, the committee will only have two Republicans and one Democrat. Lizarraga, a former aide to former House Speaker Pelosi, was appointed to a five-year term at the SEC in 2022. When announcing this decision, he mentioned his wife’s poor health. The day before, SEC Chairman Gensler announced that he would leave the SEC on the day of Trump’s planned inauguration. With Lizarraga’s departure, the number of Republicans in the agency will exceed that of Democrats from the first day of the new government, which may enhance their ability to take a completely different approach on policy issues such as regulating cryptocurrencies and prosecuting enforcement cases.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)