Obama Nominates Ex-Prosecutor White as SEC Chairman

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)

Iron Ore Seen at Risk of 2017 Price Slump to $50s
29:31 - Iron Ore is seen at risk of slumping back to $70 a metric ton next quarter, with the possibility of trading in the $50s in the second half of the year due to an expected shift in consumption, according to Barclays Plc. Bloomberg's Will Kennedy reports on "Bloomberg Surveillance." (Source: Bloomberg)
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