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@uer
Jaime Lizaraga, a Democratic member of the SEC's five member committee, has announced that he will step down more than two years early. After the Trump administration takes office in January next year, the committee will have only two Republicans and one Democrat left. Lizaraga is a former aide to former House Speaker Pelosi, who will serve a five-year term at the U.S. Securities and Exchange Commission in 2022; When announcing this decision, he mentioned his wife's poor health condition. The day before, SEC Chairman Gensler announced that he would leave the SEC on the day Trump plans to take office. With the resignation of Lizaraga, from the first day of the new government, the number of Republicans in the agency will exceed that of Democrats, which may enhance their ability to take a completely different path on policy issues such as regulating cryptocurrency and pursuing law enforcement cases. @rtong1226
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