Another Democrat Quits SEC After Gary Gensler—Here’s What It Means

Quick Summary:

Jaime Lizárraga announced Friday that he will step down as SEC Commissioner in January, following Chairman Gary Gensler's lead.

The SEC, by design, does not allow for more than three of its five commissioners to come from the same political party.

Trump has pledged to create a pro-crypto regulatory environment, and some in the industry have expressed hope that one of their own might run the SEC to ensure such an outcome.

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Article Details

Author / Journalist: Sander Lutz

Category: Crypto

Markets: Estonia

Topics: U.S. Securities and Exchange Commission Law and Order United States Crypto regulation SEC Breaking Push Donald Trump Gary gensler

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 19:51:28 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 443 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23770562

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 6 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 14 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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