President Biden is preparing to announce picks for SEC commissioners: Report By Cointelegraph

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President Biden is preparing to announce picks for SEC commissioners: Report

United States President Joe Biden is reportedly planning to nominate two commissioners with different political party affiliations to the Securities and Exchange Commission.

According to a Wednesday report from the Wall Street Journal, Biden is considering Democrat Jaime Lizárraga, a staffer for House Speaker Nancy Pelosi, and Republican Mark Uyeda, counsel for the Senate Banking Committee on securities and capital markets, to fill seats left behind by SEC commissioners Allison Lee and Elad Roisman, respectively. Roisman left the regulatory body at the end of January, while Lee is expected to depart when her term expires in June.