Obama Nominates Ex-Prosecutor White as SEC Chairman

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Jan. 24 (Bloomberg) -- President Barack Obama speaks about his nomination of Mary Jo White for the post of chairman of the Securities and Exchange Commission, and re-nomination of Richard Cordray as director of the Consumer Financial Protection Bureau. White, who gained prominence prosecuting terrorists as U.S. attorney for Manhattan, would succeed Elisse Walter, who took over as SEC chairman when Mary Schapiro stepped down last month. (Source: Bloomberg)

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