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Rep. Cox Nominated as SEC Chief
CNN MONEY ^ | June 2, 2005 | staff

Posted on 06/02/2005 7:52:09 AM PDT by kellynla

NEW YORK (CNN/Money) - President Bush nominated Rep. Christopher Cox, R-Calif., to head the Securities and Exchange Commission Thursday.

"He will be an outstanding leader of the SEC," Bush said.

"I look forward to the opportunity to serve our nation in a new role, as Chairman of the SEC," Cox said.

Bush called on the Senate "to confirm his nomination at the earliest possible date."

SEC chairman William Donaldson will resign on June 30, the SEC said Wednesday. His departure comes after criticism from two Republican members of the agency and from some business groups and administration officials who contended that his enforcement and policy decisions had been too heavy-handed.

"Bill Donaldson has set high standards for American business and the SEC, and Chris Cox is the right man to carry on this important work," Bush said.

Cox, who is 52, has been considered an ally of business groups and helped rewrite securities laws to make investor lawsuits more difficult to file. He is also well-known for waging an effort to repeal the estate tax, the capital gains tax on savings and investment, and taxes on dividends.

Cox, elected to Congress nine times from Orange County, Calif., would be the SEC's 28th chairman. He is currently chairman of the House Homeland Security Committee after serving as chairman of the House Policy Committee from 1994 until this year.

Prior to his election to Congress in 1988, the Harvard Law and Business Schools graduate was an adviser to President Reagan.

He, his wife Rebecca, and their three children, Charles, Katie, and Kevin, live in Newport Beach, Calif.

"Of all of the things I do, I put being a husband and father at the top of the list," Cox has said.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Breaking News; Business/Economy; Government
KEYWORDS: cox; sec
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Well there goes my hopes of Cox running against Feinstein next year. Semper Fi, Kelly
1 posted on 06/02/2005 7:52:10 AM PDT by kellynla
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To: kellynla

This opens up a VERY safe GOP seat in Orange County, CA. Any ideas on who the heir apparent might be?

John Campbell?


2 posted on 06/02/2005 7:54:08 AM PDT by So Cal Rocket (Proud Member: Internet Pajama Wearers for Truth)
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To: kellynla

Will his district survive with a conservative in the next election?


3 posted on 06/02/2005 7:54:18 AM PDT by TommyDale
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To: kellynla
Well there goes my hopes of Cox running against Feinstein next year.

He couldn't have won anyway due to his politically incorrect race and gender. ;)

The good news is that any halfway competent female Republican candidate should be able to clean Feinstein's clock...if the Old Boy RINOs in the California Republican establishment deign to lift a finger to help her get nominated this time.

4 posted on 06/02/2005 7:56:26 AM PDT by Mr. Jeeves ("Violence never settles anything." Genghis Khan, 1162-1227)
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To: TommyDale
Will his district survive with a conservative in the next election?

Easily. Democrats have no hope in that district. ;)

5 posted on 06/02/2005 7:57:14 AM PDT by Mr. Jeeves ("Violence never settles anything." Genghis Khan, 1162-1227)
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To: kellynla

Hey... how about B-1 Bob Dornan?


6 posted on 06/02/2005 7:57:18 AM PDT by So Cal Rocket (Proud Member: Internet Pajama Wearers for Truth)
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To: kellynla

I wish the president would nominate someone to secure our borders.


7 posted on 06/02/2005 7:57:54 AM PDT by csvset
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To: TommyDale

Oh the district is so conservative you have to say "excuse me" before you utter the word "liberal" LOL


8 posted on 06/02/2005 7:58:13 AM PDT by kellynla (U.S.M.C. 1st Battalion,5th Marine Regiment, 1st Marine Div. Viet Nam 69&70 Semper Fi)
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To: Mr. Jeeves
Will his district survive with a conservative in the next election?

Easily. Democrats have no hope in that district. ;)

Yes, but RINO's have taken over the State GOP, it will be an uphill battle to get a Conservative Republican in that seat.

9 posted on 06/02/2005 7:58:36 AM PDT by So Cal Rocket (Proud Member: Internet Pajama Wearers for Truth)
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To: So Cal Rocket

Bob would have to move back...
He doesn't live here any longer...


10 posted on 06/02/2005 7:59:24 AM PDT by kellynla (U.S.M.C. 1st Battalion,5th Marine Regiment, 1st Marine Div. Viet Nam 69&70 Semper Fi)
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Comment #11 Removed by Moderator

To: So Cal Rocket

Looks like another move by Bush to eliminate real conservatives from positions of power to me.


12 posted on 06/02/2005 8:01:10 AM PDT by dalereed
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To: Mr. Jeeves
Will his district survive with a conservative in the next election?

Yeah. The only Democrats that win in that neighborhood are dead ones on West Wing.

13 posted on 06/02/2005 8:02:47 AM PDT by Non-Sequitur
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To: kellynla; SierraWasp; Liz; Southack

Cox should do a good job.

This will help him to come the Governor's office or as a Senator later on.


14 posted on 06/02/2005 8:04:25 AM PDT by Grampa Dave (The MSM has been a WMD, Weapon of Mass Disinformation for the Rats for at least 5 decades.)
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To: kellynla
Cox, who is 52, has been considered an ally of business groups.....

better bring on the FILIBUSTER!!! He can't possibly be QUALIFIED with this in his past.

15 posted on 06/02/2005 8:05:31 AM PDT by wayoverontheright
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To: kellynla

Let the tarring begin.


16 posted on 06/02/2005 8:07:50 AM PDT by Bogey78O (*tagline removed per request*)
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To: kellynla

Who will take over the Chair of the Homeland Security Committee?

I'd love to see Tancredo, but he won't stand a chance.


17 posted on 06/02/2005 8:09:05 AM PDT by So Cal Rocket (Proud Member: Internet Pajama Wearers for Truth)
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To: dalereed
Looks like another move by Bush to eliminate real conservatives from positions of power to me.

You mean like he did with Tom Delay, Rick Santorum or George Allen?

Oh, wait...

18 posted on 06/02/2005 8:10:30 AM PDT by Coop (In memory of a true hero - Pat Tillman)
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To: wayoverontheright

I was just about to post the same thing, except with "extraordinary circumstances" thrown in! :-)


19 posted on 06/02/2005 8:11:18 AM PDT by Coop (In memory of a true hero - Pat Tillman)
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To: dalereed
Looks like another move by Bush to eliminate real conservatives from positions of power to me.

Looks like a move by Bush to put a business-friendly individual who knows how to maneuver around the halls of Congress into a very important position.

Cox is the perfect choice.

20 posted on 06/02/2005 8:13:47 AM PDT by sinkspur (If you want unconditional love with skin, and hair and a warm nose, get a shelter dog.)
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