Obama to tap attorney White for SEC, Cordray to stay at CFPB

WASHINGTON Thu Jan 24, 2013 8:48am EST

WASHINGTON Jan 24 (Reuters) - President Barack Obama will nominate later on Thursday former U.S. Attorney Mary Jo White to head the U.S. Securities and Exchange Commission, a White House source said.

The president also plans to renominate Richard Cordray to continue as head of Consumer Financial Protection Bureau, the source said.

A personnel announcement is expected to come at 2:30 p.m. EST (1830 GMT), a separate White House statement said.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.