SEC Commissioner Lizárraga to Leave as Trump, GOP Take Over (2)

Nov. 22, 2024, 4:18 PM UTCUpdated: Nov. 22, 2024, 7:38 PM UTC

SEC Commissioner Jaime Lizárraga intends to step down on Jan. 17, leaving just one Democrat on the commission when President-elect Donald Trump returns to office.

Lizárraga told Bloomberg Law Friday that he’s leaving the Securities and Exchange Commission to spend more time with his family, as his wife, Kelly, battles breast cancer. The Democrat’s term was set to expire in 2027. The former congressional aide joined the commission in 2022, helping advance corporate reporting requirements on climate risk and data breaches while policing Wall Street.

“In reflecting on the challenges that lie ahead, we have decided that it is in ...

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