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Obama to tap attorney White for SEC, Cordray to stay at CFPB
January 24, 2013 / 1:50 PM / 5 years ago

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

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.

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