Bush Plans To Nominate Bank Expert To SEC Panel
Associated Press
Friday, May 19, 2006; Page D02
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.
