2016 Postmortem
Related: About this forumTell President Obama: "Time for Mary Jo White to Go!"
CREDO Action Petition
June 10, 2015
The Securities & Exchange Commission (SEC), the federal agency responsible for enforcing securities law and regulating Wall Street, is broken.
President Obama's Chair, Mary Jo White, is a big part of the problem.
It's long past time for her to go.
Just this week, the Project On Government Oversight (POGO), a respected government watchdog group, sent a letter to President Obama requesting that he ask Mary Jo White to step down as Chair of the SEC, and that he designate a new head of the agency.
This follows closely on the heels of a scathing 13-page letter Senator Elizabeth Warren sent directly to White.
Sen. Warren called out the SEC chair for refusing to move forward crucial rules, letting corporate criminal activity go unpunished and even lying to the senator about the status of pending regulatory matters.
We agree with POGO and Senator Warren.
Mary Jo White has been a disaster as head of the SEC.
President Obama must take action immediately.
The evidence is clear!
Tell President Obama: Time for Mary Jo White To Go.
Sign the Petition;
http://act.credoaction.com/sign/Mary_Jo_White
"Elizabeth Warren Blasts Mary Jo White's SEC Leadership"
http://www.democraticunderground.com/10141108333
FlatBaroque
(3,160 posts)Cal33
(7,018 posts)Wall Streeter to replace her. And Elizabeth Warren would probably have to
remind him once again that the Finance Department of Obama's White House is
being handled by too many Wall Streeters.......... and on and on it goes.....right
until January 20, 2017. I sure hope there will be some real change after that.
red dog 1
(27,792 posts)Let's hope & pray that the "change' that comes on Jan 20, 2017 isn't a POTUS with an R after his name like: Bush, Walker, Paul or some other right-wing GOP clown.
Wounded Bear
(58,634 posts)That agency has been broken for decades. Far, far too soft on corporate malfeasance.