U.S. Attorney for the Southern District of New York from 1993-2002
President Obama on Thursday will nominate former federal prosecutor Mary Jo White as chairwoman of the Securities and Exchange Commission and re-nominate Richard Cordray for a full term as director of the Consumer Financial Protection Bureau, according to a White House official.
Both nominations are central to Obama’s hopes of more tightly regulating Wall Street in his second term, as many of the new rules created by the Dodd-Frank overhaul of financial regulation take effect.
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