{"id":427571,"date":"2022-04-06T22:15:00","date_gmt":"2022-04-06T19:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/president-biden-is-preparing-to-announce-picks-for-sec-commissioners-report\/"},"modified":"2022-04-06T22:15:00","modified_gmt":"2022-04-06T19:15:00","slug":"president-biden-is-preparing-to-announce-picks-for-sec-commissioners-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/president-biden-is-preparing-to-announce-picks-for-sec-commissioners-report\/","title":{"rendered":"# President Biden is preparing to announce picks for SEC commissioners: Report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a409ace12df3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a409ace12df3\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/president-biden-is-preparing-to-announce-picks-for-sec-commissioners-report\/#%E2%80%9D_President_Biden_is_preparing_to_announce_picks_for_SEC_commissioners_Report_%E2%80%9C\" >&#8221; President Biden is preparing to announce picks for SEC commissioners: Report  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_President_Biden_is_preparing_to_announce_picks_for_SEC_commissioners_Report_%E2%80%9C\"><\/span>&#8221; President Biden is preparing to announce picks for SEC commissioners: Report  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvNDM2MjllMGQtM2I3NC00MTIyLThiYWQtYmZhMTgyNzViZDc2LmpwZWc=.jpeg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>United States President Joe Biden is reportedly planning to nominate two commissioners to the Securities and Exchange Commission with different political party affiliations.<\/p>\n<p>According to a Wednesday report from the Wall Street Journal, Biden is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/biden-preparing-to-announce-pair-of-sec-nominees-11649261233\">considering<\/a> Democrat Jaime Liz\u00e1rraga, 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. <\/p>\n<p>Liz\u00e1rraga worked on Pelosi\u2019s staff while legislation was prepared to handle the financial crisis in 2008, and was part of efforts behind the Dodd-Frank Wall Street Reform and Consumer Protection Act, which went into effect in 2010. Uyeda is a staff member for the SEC who has served as counsel on the Senate Banking Committee since January 2021.<\/p>\n<p>As one of the top financial regulators in the United States, the makeup of the SEC leadership could have an impact on how the government handles the framework on crypto and blockchain. Hester Pierce, the SEC commissioner known to many as \u2018Crypto Mom,\u2019 has been a major proponent of digital assets in the U.S. government, including proposing a safe harbor for projects. In contrast, many lawmakers and industry leaders have criticized SEC chair Gary Gensler for not providing regulatory clarity for crypto projects dealing in securities, as well as the uncertainty around <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roval for a spot Bitcoin (BTC) exchange-traded fund.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Congress members concerned SEC stifling innovation with crypto scrutiny<\/em><\/strong><\/p>\n<p><strong><em><\/em><\/strong>Though only one seat currently remains vacant out of the five SEC commissioners, Biden has faced difficult filling positions with key financial regulators in the United States due in part from pushback from Republican lawmakers. In the Federal Reserve, Jerome Powell has been acting as chair pro tempore since February in the absence of a full Senate vote, while the central bank currently lacks a vice chair without the confirmation of Fed governor Lael Brainard. Economist Philip Jefferson is also currently awaiting a full Senate vote after Sarah Bloom Raskin \u2014 Biden&#8217;s pick for Fed vice chair for supervision \u2014\u00a0withdrew her name from consideration in response to \u201crelentless attacks by special interests.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/president-biden-is-preparing-to-announce-picks-for-sec-commissioners-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; President Biden is preparing to announce picks for SEC commissioners: Report &#8220; United States President Joe Biden is reportedly planning to nominate two commissioners to the Securities and Exchange Commission with different political party affiliations. According to a Wednesday report from the Wall Street Journal, Biden is considering Democrat Jaime Liz\u00e1rraga, a staffer for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":427572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvNDM2MjllMGQtM2I3NC00MTIyLThiYWQtYmZhMTgyNzViZDc2LmpwZWc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74858,74898,71511,70934,67874],"class_list":["post-427571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-regulation","tag-sec","tag-government","tag-regulation","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/427571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=427571"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/427571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/427572"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=427571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=427571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=427571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}