US SEC Commissioner Jaime Lizárraga To Step Down In January Amid Trump Administration

In the latest development, after Gary Gensler, the US SEC Commissioner Jaime Lizárraga is leaving on January 17, which could give Republicans a head start in redirecting the regulator’s policies. Lizárraga conveyed that he was leaving because his wife has been suffering from a serious illness. Notably, Lizárraga’s departure leaves the Securities and Exchange Commission with just one Democratic Commissioner, Caroline Crenshaw. The two remaining Republican members are Hester Peirce and Mark Uyeda. With the departure of both Chair Gary Gensler and Jaime Lizárraga, discussions about the next US SEC Chair have further intensified.