Quantcast


Last updated: March 19. 2013 10:39AM - 282 Views
Associated Press



Story Tools:

Font Size:

Social Media:

(AP) A Senate panel has approved Mary Jo White's nomination to lead the Securities and Exchange Commission and sent it along for a final vote.


The Senate Banking Committee approved White's nomination on a 21-1 vote. Sen. Sherrod Brown, D-Ohio, was the only member to object. White is expected to be confirmed by the full Senate and become the first former prosecutor to lead the agency that oversees Wall Street.


The panel also advanced Richard Cordray's nomination to continue as director of the Consumer Financial Protection Bureau. But his nomination was approved on a 12-10 party-line vote. All Republican members opposed the nomination. They have also opposed the newly created agency and have expressed interest in curtailing Cordray's power.


Republicans may try and block a final vote on Cordray's nomination.


Associated Press
Comments
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus



Featured Businesses


Poll



Info Minute



Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com