Deep Tide TechFlow News, on November 23, according to The Block, one of the three Democratic commissioners of the U.S. SEC, Jaime Lizárraga, plans to resign early next year. He has informed President Joe Biden of his plans to leave at the end of January.

Jaime Lizárraga stated that his resignation is to spend more time with family. Just a day before Lizárraga announced his resignation, U.S. SEC Chairman Gary Gensler indicated plans to resign in January. This means that Commissioner Caroline Crenshaw will become the only Democrat leading the U.S. Securities and Exchange Commission.