Bush to Name Congressman Sec Head, Republicans Say

Summary


WASHINGTON - President Bush intends to nominate California Rep. Christopher Cox to head the Securities and Exchange Commission, Republican officials said Wednesday following the resignation of William Donaldson.

These officials, who spoke on condition of anonymity, said an announcement was possible as early as tosday.

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Bush to Name Congressman Sec Head, Republicans Say

Cox, 52, is chairman of the House Homeland Security Committee. He was first elected to Congress in 1988 from California's Orange County.

Bush picked Donaldson 21/2 years ago as SEC chairman to restore confidence in a stock market that had been sh...

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