Kathleen L. Casey was sworn in as the 88th Securities and Exchange Commission commissioner by Chairman Christopher Cox on Monday.

Casey was appointed by President Bush to the post on May 18. She most recently served as the staff director of the Senate Committee on Banking, Housing and Urban Affairs for the past three and a half years. There, she was responsible for guiding the consideration of issues affecting economic and monetary policy, international trade and finance, banking, securities and insurance regulation, transit and housing policy, money laundering and terror finance.

She will replace Republican Cynthia Glassman on the five-member panel. Glassman's term as a commissioner officially ended June 5.

Casey has spent the last 13 years on Capitol Hill, most of the time working for Sen. Richard Shelby, R-Ala., a supporter of a flat tax and President Bush's tax cuts. Casey served as Shelby's legislative director and chief of staff between 1996 and 2003.

Previously on WebCPA:

Bush Taps Casey as Glassman's Successor at SEC (May 22, 2006)

Republican Commissioner Plans to Leave SEC (May 16, 2006)

Bush Nominates Democrats' Picks for SEC Slots (July 25, 2005)

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