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U.S. Senator Warren urges Obama to replace head of SEC
Source: Reuters
U.S. | Fri Oct 14, 2016 | 6:03am EDT
U.S. Senator Warren urges Obama to replace head of SEC
U.S. Senator Elizabeth Warren urged President Barack Obama on Friday to replace Securities and Exchange Commission Chair Mary Jo White, saying she had undermined the agency's investor protection mission.
Warren, a Massachusetts Democrat who advocates for strong financial regulation, also said in a letter to Obama that White had failed to develop a rule requiring publicly traded companies to disclose political spending.
Warren has been a vocal critic of White, an independent who was chosen by Obama in 2013, but this is the first time she has called for White to be removed as chair.
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U.S. Senator Warren urges Obama to replace head of SEC
U.S. Senator Elizabeth Warren urged President Barack Obama on Friday to replace Securities and Exchange Commission Chair Mary Jo White, saying she had undermined the agency's investor protection mission.
Warren, a Massachusetts Democrat who advocates for strong financial regulation, also said in a letter to Obama that White had failed to develop a rule requiring publicly traded companies to disclose political spending.
Warren has been a vocal critic of White, an independent who was chosen by Obama in 2013, but this is the first time she has called for White to be removed as chair.
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Read more: http://www.reuters.com/article/us-usa-sec-warren-idUSKBN12E0WS
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