Biden Preparing to Announce Pair of SEC Nominees
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WASHINGTON—The Biden administration plans to nominate a Republican and a Democrat to serve on the Securities and Exchange Commission, filling the remaining vacancies at the top U.S. markets regulator.
The White House said Wednesday that President Biden would tap Jaime Lizárraga, a top aide to House Speaker Nancy Pelosi (D., Calif.), to fill a Democratic seat currently occupied by commissioner Allison Herren Lee. Ms. Lee has said she plans to leave the agency once a successor is in place.