Another
Democratic
commissioner
on
the
Securities
and
Exchange
Commission
is
following
Chair
Gary
Gensler
out
the
door
in
January,
leaving
the
agency
with
a
Republican
majority
as
it
weighs
a
likely
course
shift
under
the
new
administration
of
President-elect
Donald
Trump.
Commissioner
Jaime
Lizárraga
is
leaving
January
17,
he
said
in
a
Friday
statement,
which
could
give
Republicans
a
head
start
on
what
could
otherwise
have
been
months
of
delay
in
redirecting
the
regulator’s
policies
—
including
on
cryptocurrency.
At
this
point,
Caroline
Crenshaw
will
be
the
sole
Democrat
on
the
five-member
commission
going
into
2025,
and
her
term
has
already
expired,
putting
her
into
an
extension
that
can
last
as
long
as
about
18
months.