Obama to tap attorney White for SEC, Cordray to stay at CFPB
Posted : Thursday, 24 January 2013 08:51AM
WASHINGTON (Reuters) - President Barack Obama will nominate later on Thursday former U.S. Attorney Mary Jo White to head the U.S. Securities and Exchange Commission, a White House source said.
The president also plans to renominate Richard Cordray to continue as head of Consumer Financial Protection Bureau, the source said.
A personnel announcement is expected to come at 2:30 p.m. EST (1830 GMT), a separate White House statement said.
(Reporting by Matt Spetalnick, with additional reporting by Susan Heavey; Editing by Vicki Allen)
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