Bush Set to Choose Rep. Cox to Head SEC

Bush Intends to Nominate Rep. Chris Cox of Calif. As Next SEC Chairman, GOP Officials Say

Moving quickly to fill a high-profile regulatory vacancy, President Bush intends to nominate Rep. Christopher Cox to chair the Securities and Exchange Commission, according to Republican officials.

Cox, R-Calif., a conservative veteran of 16 years in Congress with wide-ranging policy interests, would succeed William Donaldson, who announced Wednesday he was stepping down on June 30 after a two-year tenure marked by efforts to restore investor confidence in markets shaken by corporate excess.

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