Obama Names SEC, CFPB Picks

25 Jan 2013

President Barack Obama has nominated Mary Jo White as chairman of the U.S. Securities and Exchange Commission and renominated Richard Cordray as director of the U.S. Consumer Financial Protection Bureau.

President Barack Obama has nominated Mary Jo White as chairman of the U.S. Securities and Exchange Commission and renominated Richard Cordray as director of the U.S. Consumer Financial Protection Bureau. Market watchers says his choices suggest a more aggressive approach toward the financial industry.

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