In an extraordinary letter, Warren highlighted several critical shortcomings at the Wall Street oversight agency.
For many months, Senator Elizabeth Warren has been castigating Securities and Exchange Commission chair Mary Jo White during hearings, media appearances, and in letters to the agency. Friday morning, Warren finally asked President Obama to replace her.
In a strongly worded letter to the White House, Warren outlined her principal objections to White’s tenure and what she described as “brazen conduct”: namely, White’s refusal to develop an SEC rule that would force publicly traded companies to disclose political donations, along with White’s failure to fully implement Dodd-Frank financial reforms.
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