Schumer on Cox Nomination to be SEC Chairman
Issues: Finance and Banking
Schumer on Cox Nomination to be SEC Chairman
Today, President Bush formally nominated Congressman Christopher Cox to be the Chairman of the Securities and Exchange Commission. Below is a statement from Senator Schumer, a senior member of the Banking and Finance Committees:
"History has shown that markets and business function best when there is a careful balance between full-throttle entrepreneurship and thoughtful regulation. The best SEC Chairmen have been both pro-business and pro-regulation. It is my hope that Chris Cox will continue in that tradition."
http://schumer.senate.gov/SchumerWebsite/pressroom/press_releases/2005/PR41697.Cox.060205.html