(Bloomberg) The U.S. Senate confirmed Mary Jo White to lead the Securities and Exchange Commission, putting the former U.S. attorney in charge of an agency that has failed to satisfy critics with its response to the financial crisis.
The Senate approved White by unanimous consent, meaning no senators objected to her appointment, as the first former prosecutor to run the SEC. She succeeds Elisse B. Walter, who has served as chairman since Mary Schapiro stepped down in December.
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