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Trump Said Likely to Name Hester Peirce as SEC Commissioner

  • Mercatus Center research fellow would fill Republican opening
  • She previously was SEC counsel, Senate Banking Committee aide
Bloomberg business news

Trump Likely to Nominate Hester Peirce as SEC Head

Corrected

Hester Peirce, a former U.S. Securities and Exchange Commission counsel and Senate aide, is the Trump administration’s likely choice to fill the open Republican seat at the Wall Street regulator, according to people familiar with the matter.

Should President Donald Trump pick Peirce to be an SEC commissioner, her nomination will likely be paired with a candidate backed by Senate Democrats for another vacant seat at the agency, according to the people, who weren’t authorized to speak publicly about the process. Candidates that have been discussed for the Democratic spot include Robert Jackson, a Columbia University law professor, and Bharat Ramamurti, an aide to Senator Elizabeth Warren, the people said.