This discussion thread was locked as off-topic by OKNancy (a host of the Latest Breaking News forum).
Source: Associated Press
By By JULIE PACE, AP White House Correspondent – 21 minutes ago
WASHINGTON (AP) — President Barack Obama will nominate Mary Jo White to lead the Securities and Exchange Commission, tapping an attorney with broad experience in prosecuting white-collar crimes to lead an agency that has a central role in implementing Wall Street reform.
White House press secretary Jay Carney said Obama would announce White's nomination during a ceremony in the State Dining Room Thursday afternoon.
"She's got an incredibly impressive resume," Carney said. "The president is very pleased to be able to nominate her."
At the same event, Obama will renominate Richard Cordray to serve as head of the Consumer Financial Protection Bureau, a White House official said. The president used a recess appointment last year to circumvent Congress and install Cordray as head of the bureau. That appointment expires at the end of this year.