Commissioner Jaime Lizárraga is stepping down from his position on January 17, which may potentially allow Republicans to make quicker progress in changing the regulator’s policies, including those related to cryptocurrency. With the departure of Lizárraga and the expiration of Caroline Crenshaw’s term, there will only be one Democrat left on the five-member commission for 2025.
Crenshaw’s term has already expired, so she will be serving in an extension that could last up to 18 months.
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