President Barack Obama’s nominees for the Securities and Exchange Commission are expected to sail through a Senate confirmation hearing on Thursday thanks in part to a key line on their résumés: Senate aide.
Kara Stein and Mike Piwowar, nominated to fill out the remainder of five-year terms as commissioners, are set to testify before the Senate Banking Committee, in which their respective bosses, Sens. Jack Reed (D., R.I.) and Mike Crapo (R., Idaho), are senior members.
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