Close Menu
Cryprovideos
    What's Hot

    Ripple to Drop Attraction in SEC Case Over XRP Gross sales, Ending Case 'As soon as and for All' – Decrypt

    June 27, 2025

    Solana ranks second in DEX volumes — Will SOL value comply with?

    June 27, 2025

    Stablecoin, Circle Information: Crypto Custodian Anchorage to Section Out USDC, Stirring Backlash

    June 27, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»One other Democrat Quits SEC After Gary Gensler—Right here’s What It Means – Decrypt
    One other Democrat Quits SEC After Gary Gensler—Right here’s What It Means – Decrypt
    Crypto News

    One other Democrat Quits SEC After Gary Gensler—Right here’s What It Means – Decrypt

    By Crypto EditorNovember 22, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    One other Democrat Quits SEC After Gary Gensler—Right here’s What It Means – Decrypt

    A day after Securities and Change Fee (SEC) chair Gary Gensler introduced that he plans to resign as soon as Donald Trump is sworn in as president, one other Democrat on the five-member Fee introduced Friday that he’s additionally stepping down. 

    Jaime Lizárraga, who has served as an SEC commissioner since 2022, mentioned in the present day that he’ll step down from his position on January 17, 2025, and has already knowledgeable President Joe Biden of these plans. Gensler is about to depart three days in a while January 20.

    Lizárraga, whose time period would have in any other case lasted till 2027, mentioned the choice to step down was primarily motivated by his spouse’s severe sickness.

    Whereas the event signifies that the SEC will lose one other supporter of Gensler’s aggressive crypto agenda, it is usually considerably restricted in its influence. The SEC, by design, doesn’t enable for greater than three of its 5 commissioners to come back from the identical political get together. 

    Thus, although just one Democrat on the Fee, Caroline Crenshaw, presently seems more likely to stay in her position as soon as Trump retakes the White Home, the president-elect should appoint one other Democrat to fill out the company’s vacant non-Republican spot. 

    Trump has finished this earlier than. In 2019, throughout his first time period, he appointed Allison Lee, a Democrat, to fill a Democratic emptiness on the Fee.

    Regardless, the SEC requires solely a majority vote of three commissioners to maneuver ahead on key points, and the Republican president-elect will definitely have three members of his personal get together on the Fee come subsequent yr.

    The most important excellent query relating to Trump’s SEC shall be who he appoints because the monetary regulator’s chair—a vital position that can form the company’s strategy to hot-button points together with crypto. 

    Trump has pledged to create a pro-crypto regulatory surroundings, and a few within the business have expressed hope that considered one of their very own may run the SEC to make sure such an final result. 

    On Friday, nevertheless, one of many prime crypto-friendly contenders for SEC chair, Robinhood Chief Authorized Officer Dan Gallagher, introduced he was withdrawing his title from consideration for the submit. 

    Different main candidates for the place presently embody Brian Brooks, the previous CEO of Binance.US and performing comptroller of the foreign money, and the 2 present Republicans already on the SEC, Hester Peirce and Mark Uyeda.

    Edited by Andrew Hayward

    Day by day Debrief Publication

    Begin each day with the highest information tales proper now, plus unique options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ripple to Drop Attraction in SEC Case Over XRP Gross sales, Ending Case 'As soon as and for All' – Decrypt

    June 27, 2025

    Stablecoin, Circle Information: Crypto Custodian Anchorage to Section Out USDC, Stirring Backlash

    June 27, 2025

    Pepe meme creator's NFT initiatives hit for $1 million as contract hijackers drain collections

    June 27, 2025

    Bitcoin Mortgages: A New Frontier in Crypto and Housing Finance

    June 27, 2025
    Latest Posts

    Belgravia Hartford Raises Bitcoin Holdings to $1.5 Million

    June 27, 2025

    Trump: Bitcoin Reduces Greenback Stress, Strengthens US Place – Bitbo

    June 27, 2025

    Bitcoin Hashrate Declines 3.5%, However Miners Maintain Agency Amid Market Weak spot – CryptoDnes EN

    June 27, 2025

    Bitcoin’s Comeback Triggers Meme Coin Surge — Prime ICOs to Purchase Now

    June 27, 2025

    Bitcoin Will get The Greenlight To Be Counted As Belongings For Mortgage Functions, However What About XRP?

    June 27, 2025

    ‘The Sign We’ve Been Ready For’: Analytics Agency Says Bitcoin Laying the Groundwork for the Subsequent Leg Up – The Day by day Hodl

    June 27, 2025

    Bitcoin Mortgages: A New Frontier in Crypto and Housing Finance

    June 27, 2025

    Bitcoin Massive Buyers Step Again: Whale Inflows To Exchanges See Steep Decline | Bitcoinist.com

    June 27, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Bybit Faces Unprecedented $1.5 Billion Crypto Heist Linked to DPRK

    February 25, 2025

    Binance co-founder CZ proposes darkish pool DEXs to deal with manipulation

    June 2, 2025

    French Banking Large BPCE to Supply Crypto Providers By way of Hexarq

    December 21, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.