Senate confirms Mary Jo White as head of SEC
The US Senate confirmed veteran prosecutor Mary Jo White to lead the Securities and Exchange Commission on Monday, placing her in charge of implementing President Barack Obama’s Wall Street reforms.With little fanfare, the Senate approved White by unanimous consent, after her nomination cleared the Senate Banking Committee last month by a 21-1 vote.
She replaces Mary Schapiro, who resigned as chair of the nation’s primary market in December.
White’s record includes prosecuting cases related to the 1993 World Trade Center bombing and the bombings of US embassies in Africa in 1998.
She also won high-profile fraud cases in New York, and famously brought down mafia kingpin John Gotti, who headed the Gambino crime syndicate.
“So I’d say that’s a pretty good run. You don’t want to mess with Mary Jo.”
Read more @: Senate confirms Mary Jo White as head of SEC | The Raw Story
Hope she does a good job. Seems like she might be the right woman for the job. Hopefully she brings about progressive changes and prosecutes these criminals on Wall Street.
☮★★☮ Just a democratic-socialist in the heartland of America.CHECK OUT MY TUMBLR(BLOG)HERE "Life is beautiful. Let the future generations cleanse it of all evil, oppression, and violence, and enjoy it to the full."