By my count, Securities and Exchange Commission Chairman Christopher Cox must have stamped out at least another couple of brushfires over these recent summer months.

The former Congressman from California is now coming up on a year on the job, and in addition to solving the last of his agency's human resources concerns (including the recent selection of a new head of the Public Company Accounting Oversight Board), it's become clear that Cox is as much capable regulator as he is public relations strategist. President Bush, trying to control his own approval ratings, might want to take a look at the SEC chief's skillful handling of everything from journalist subpoenas to stock option investigations.

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