Bush Plans To Nominate Bank Expert To SEC Panel

Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
Associated Press
Friday, May 19, 2006

President Bush will nominate Kathleen L. Casey, a Senate aide and expert on banking and securities law, to the five-member Securities and Exchange Commission, the White House said yesterday.

The announcement came four days after Cynthia A. Glassman said she did not intend to serve a second term as a commissioner and will leave after her term ends June 5. That will open one of the three Republican seats on the commission.

Casey, whose term would extend to June 2011, must be confirmed by the Senate. She is the staff director and counsel for the Senate Banking, Housing and Urban Affairs Committee. Earlier, she was chief of staff and legislative director for the committee's current chairman, Sen. Richard C. Shelby (R-Ala.).

The committee must consider the nomination before it can go to the full Senate. In a statement, Shelby said Casey is "eminently qualified to be a commissioner and will have my full support as she moves through the nomination process."

Casey has a bachelor's degree from Pennsylvania State University and a law degree from George Mason University.



© 2006 The Washington Post Company