Mary Jo White and Richard Cordray, nominees to head the Securities and Exchange Commission and Consumer Financial Protection Bureau, are one step closer to confirmation following a vote by the Senate Banking Committee this morning.
The committee voted favorably, 21-1, to advance White’s nomination to the full Senate. Cordray, despite opposition from committee Republicans, still managed a 12-10 vote.
via White, Cordray Nominations Advance to Full Senate Vote – Compliance Week