SEC Leadership Shake-Up: Gensler and Lizárraga to Exit in January

SEC Commissioner Jaime Lizárraga will step down on January 17th, citing personal reasons related to his wife's health. His departure, along with SEC Chairman Gary Gensler's, will leave the agency with a Republican majority as Donald Trump begins his second term as President. This shift is expected to lead to more crypto-friendly policies. Lizárraga, who joined the SEC in 2022, has been an advocate for corporate responsibility and climate risk reporting. No replacements for Lizárraga and Gensler have been announced yet.