Democratic Commissioner Jaime Lizárraga of the U.S. Securities and Exchange Commission (SEC) plans to resign on January 17, leaving only one Democratic Commissioner, Caroline Crenshaw, on the commission. Due to appointments made by Trump, there will be three vacant seats on the commission, and until new nominees are confirmed, the SEC will consist of two Republican Commissioners, Uyeda and Peirce, and one Democratic Commissioner, Crenshaw, resulting in a 2-1 Republican majority.

BlockBeats News, November 23rd, Democratic SEC Commissioner Jaime Lizárraga informed Bloomberg Law today that he plans to resign on January 17th, leaving only one Democrat, Caroline Crenshaw, on the commission after Trump's appointment. This means there will now be three vacant seats available for Trump to fill before January 20th. This also means that until these nominees are confirmed, the current SEC commission will be majority Republican at 2-1 (Republicans Uyeda and Peirce along with Democrat Crenshaw).

Democratic SEC Commissioner Jaime Lizárraga plans to resign, resulting in a Republican majority on the SEC.

Democratic SEC Commissioner Jaime Lizárraga plans to resign, resulting in a Republican majority on the SEC.