Trump Is Likely to Nominate Allison Lee as SEC Commissioner, Sources Say

  • She would fill Democratic seat being vacated by Kara Stein
  • Progressives pushed for nominee who would be tough on banks
Photographer: Michael Nagle/Bloomberg
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Allison Lee, a former enforcement attorney at the U.S. Securities and Exchange Commission, is the Trump administration’s likely choice to replace her former boss in a Democratic seat at the Wall Street regulator, according to people familiar with the matter.

Lee, a former aide to Commissioner Kara Stein, would replace her former boss on the five-member panel, said the people who requested anonymity to discuss the matter. White House communications staff declined to comment. A phone number listed at an address for Lee in Denver was disconnected and she didn’t immediately respond to a LinkedIn message seeking comment.