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Bush nominates California congressman to head SEC
0 Comments | AFP, June, 2005
WASHINGTON (AFP) — US President George W. Bush said he was nominating California Republican congressman Christopher Cox to head the powerful Securities and Exchange Commission.
Cox, 52, is to replace William Donaldson, who Wednesday announced his resignation as of June 30.
Bush, dwelling on the "exceptional job" done by Donaldson in overseeing tough new corporate regulation in the wake of massive business scandals, said Thursday: "Chris Cox is the right man to carry on this important work".
© 2005 AFP
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