by
campaign2008
December 18, 2008
President-elect Barack Obama is expected to announce the nomination of Mary Schapiro (LAT) as chairman of the Securities and Exchange Commission on Thursday. Schapiro is currently chief executive of the Financial Industry Regulatory Authority, a non-governmental securities regulating body.
USTR: Rep. Xavier Becerra (D-CA), who was reportedly a top contender for U.S. Trade Representative in the Obama administration, has turned down the position, according to a statement from his office.
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