【The SEC sees another member resign early, Republicans will hold a majority in the agency】Golden Finance reports that Jaime Lizarraga, a Democratic member of the five-member SEC (Securities and Exchange Commission) committee, has announced that he will resign more than two years early. After the Trump administration takes office in January, the committee will be left with only two Republicans and one Democrat. Lizarraga, a former aide to former House Speaker Nancy Pelosi, received a five-year term at the SEC in 2022; when announcing this decision, he cited his wife's poor health condition. The day before, SEC Chairman Gensler announced that he would leave the SEC on the day Trump is scheduled to be inaugurated. With Lizarraga's departure, from the first day of the new administration, the number of Republicans in the agency will exceed that of Democrats, which could enhance their ability to take a markedly different approach on policy issues such as regulating cryptocurrencies and pursuing enforcement cases.

#SEC