April 8, 2022
On April 6, President Biden announced two nominees for SEC commissioners to fill one Democratic and one Republican seat on the five-member commission.
Biden named Jaime Lizárraga, an aide to House Speaker Nancy Pelosi, to replace Democratic Commissioner Allison Herren Lee, whose term expires at the end of June. He also nominated Mark Uyeda, an SEC attorney currently detailed to the Republican staff of the Senate Banking Committee, to fill the GOP vacancy created after Republican Commissioner Elad Roisman stepped down in January.
Lizárraga has worked as an aide on financial and economic matters to Pelosi for 14 years and spent eight years before that on the House Financial Services Committee. Uyeda, who has worked on the Senate Banking Committee since January 2021, previously served as an aide to former Republican Commissioner Michael Piwowar.
The Senate Banking Committee has not yet announced when it will hold a confirmation hearing.
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