Keyword: christophercox
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Five-term Rep. John Campbell, R-Calif., announced on Thursday that he will retire at the end of his term, citing a desire to start a new chapter in his life after 14 years in elected office. “At the end of this term, I will have spent 14 years serving in full-time, elected politics. I am not nor did I ever intend to be a career politician,” Campbell said in a statement. “I am ready to begin a new chapter in my life.” Campbell was first elected to Congress in a 2005 special election to replace former Rep. Christopher Cox, a Republican,...
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NEW YORK (Reuters) – SEC Chairman Christopher Cox has called on Congress to pass legislation that would make so-called credit default swaps more transparent, including requiring that dealers in over-the-counter swaps publicly report their trades and the trades' value. Writing in Sunday's New York Times, Cox noted that the $55 trillion credit defaults market is more than the GNP of all the world's nations combined, and that credit default swaps "play an important role in the smooth functioning of capital markets." But, he said, "our markets function best when they are highly transparent," while credit default swaps have "operated in...
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In a crisis, two types of people usually emerge--those trying to solve problems and those seeking some advantage from them. The former, of course, are critical if we're to find solutions to serious problems, prevent (or limit) potentially catastrophic results and create some level of comfort that we've learned from history, and aren't doomed merely to repeat it. The latter are those more interested in advancing themselves at the expense of others. We are in the midst, perhaps, of the worst financial crisis in our nation's history. We've seen venerable investment banking firms melt down and disappear, the onset of...
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WASHINGTON (AFP) — The head of the US financial regulator SEC has blamed a voluntary monitoring program for major investment banks as a cause of the global financial crisis and said he was shutting the program down. "The last six months have made it abundantly clear that voluntary regulation does not work," the chairman of the Securities and Exchange Commission, Christopher Cox, said in a statement released Friday.
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Companies will be able to scuttle investor attempts to nominate board members under a plan adopted by a bitterly divided Securities and Exchange Commission yesterday. The move drew an outcry from key lawmakers, unions and major retirement funds, which criticized SEC Chairman Christopher Cox, a Republican, for pushing the plan at a time when the agency is short one Democrat and another is on her way out the door.
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WASHINGTON - The Securities and Exchange Commission will adopt a new policy on subpoenaing journalists, SEC Chairman Christopher Cox said Thursday in a move to resolve a controversy over the agency's recent demands for reporters' records. Cox and the other four SEC commissioners decided unanimously at a closed-door meeting to issue "clear principles" to guide agency attorneys on media subpoenas within the next week or so, he told reporters in a meeting. On Monday, after news reports had appeared on the matter, Cox took the unusual step of halting the agency's pursuit of subpoenas previously served on columnists for...
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A regulatory investigation into allegations of collusion between short-sellers and a stock-research firm has led to the serving of subpoenas on TheStreet.com and its co-founder and major shareholder, James J. Cramer. Both TheStreet.com, which publishes this Web site, and Cramer, who writes a column on its RealMoney subscription site, have objected to the government's demands for communications between journalists and their sources. The subpoenas are related to a Securities and Exchange Commission investigation into allegations that Gradient Analytics, an Arizona stock-research firm, published bearish research reports at the behest of a group of short-sellers, including Rocker Partners, a minority...
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WASHINGTON (AP) - The Securities and Exchange Commission chairman, Christopher Cox, will have surgery Monday to remove a tumor and is expected to recover quickly and fully, the agency announced Friday. Cox, who became head of the SEC in August after 16 years in Congress as a California Republican, will have a thymoma removed, the agency said in a brief news release. A thymoma is a tumor on the thymus gland, which regulates development of the immune system and is located in the chest above the heart. It is not necessarily cancerous. The news release said Cox, 53, is expected...
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Now that President George W. Bush has another chance to nominate an undeniably superb candidate for the Supreme Court, he has a encouragingly deep bench from which to choose. The deserving names are by now familiar: Alito, Luttig, Jones, Batchelder, Sykes, Brown, Pryor (if only!), Olson..... the list goes on. But for both short-term considerations and for decades of principled, textualist jurisprudence, the best choice the White House could make right now would be Christopher Cox, chairman of the Securities and Exchange Commission and former longtime member of the House Republican leadership. Cox, 53, is conservative, brilliant, well-liked on Capitol...
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With elections quickly approaching and controversy growing over the scheduling of one of the votes on a Jewish holiday, Orange County Registrar of Voters Steve Rodermund was placed on administrative leave this week without explanation. "It's a personnel matter," said County Executive Officer Thomas G. Mauk, who relieved Rodermund of his duties on Thursday. snip Rodermund's removal comes a little more than a month before a special primary election scheduled Oct. 4 in the race to fill Christopher Cox's 48th Congressional District seat. The Newport Beach Republican resigned this month to become chairman of the Securities and Exchange Commission. The...
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California state Senator John Campbell, the front-runner in the yet-to-be announced speecial election to succeed Christopher Cox (R-Calif), already has a full team of consultants in place.
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This time Dornan, 72, is weighing whether to abondon the GOP and run as a candidate for the America Independent Party.
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WASHINGTON, D.C. (AHN) – US President George W. Bush finally nominated Republican congressman Christopher Cox as the chairman of the Securities and Exchange Commission. The 52-year-old California representative replaced William Donaldson. Donaldson on Wednesday announced his resignation after just two and a half years tenure. "Chris Cox is the right man to carry on this important work,” Bush stated. He also didn’t forget to praise outgoing chairman Donaldson’s "exceptional job" in supervising strict new regulation in the wake of massive corporate scam. Donaldson took over as SEC chairman in February 2003 from Harvey Pitt. Pitt had been condemned for his...
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Bush Chooses Rep. Chris Cox to Lead SEC; Has Background in Foreign Policy As Well As Economics WASHINGTON (AP) -- President Bush named conservative Rep. Christopher Cox to lead the Securities and Exchange Commission Thursday, a day after William Donaldson announced he was stepping down after 28 months. With Cox at his side at a White House ceremony, Bush called the Californian "a champion of the free enterprise system in Congress" and said "he'll be an outstanding leader of the SEC." Cox, 52, a member of the House Republican leadership, has a wide-ranging background, from foreign policy and economic issues...
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WASHINGTON (AP) - President Bush intends to nominate California Rep. Christopher Cox to head the Securities and Exchange Commission, Republican officials said Wednesday following the resignation of William Donaldson. The officials, who spoke on condition of anonymity, said an announcement was possible as early as Thursday. Cox, 52, was first elected to the House from the GOP stronghold of Orange County in 1988. He served as chairman of the House Policy Committee from 1994-2005 and is chairman of the House Committee on Homeland Security. Cox has been a longtime advocate of repealing the estate tax, the capital gains tax on...
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U.S. Congressman Says Russia 'Won the Cold War' When It Defeated Soviet CommunismPRESS RELEASE - Washington, D.C., May 5, 2005- U.S. Rep. Christopher Cox responded to Russian President Vladimir Putin's recent statement that "the demise of the Soviet Union was the greatest catastrophe of the 20th century" by telling the Voice of America (VOA): "I would say that the Soviet Union itself was the great catastrophe for Russia, for its neighbors and for the world." Cox, a Republican from California, made his comments in an exclusive VOA TV interview that was broadcast in several languages, including Russian. "I consider myself,...
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July 22, 2004 Change Is Now Inevitable By Christopher Cox When the dust settles, today's 9/11 Commission report may well be remembered as much for what it did not contain as for its factual exposition and recommendations. The now-notorious series of events during which Clinton administration official Sandy Berger took national security documents from the National Archives has highlighted the hyper-politicization of the Commission's work. For not only was there inexcusable laxity in the handling (and unauthorized destruction) of classified documents by someone who clearly knew better, but the same laxity was shown by the Commission itself in its muted...
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<p>The FBI and the Department of Homeland Security are developing a database that will allow private companies to submit lists of individuals to be screened for a connection to terrorism, the FBI Terrorist Screening Center Director Donna A. Bucella told legislators yesterday.</p>
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CNSNews.com) - A senior Republican congressman is chastising one of his Democratic colleagues for comments about the Bush administration's Iraq policy, saying critics of the president should make sure they have the facts right before giving campaign speeches. Rep. Christopher Cox (R-Calif.), chairman of both the House Policy Committee and the Homeland Security Committee, scolded House Minority Leader Rep. Richard Gephardt (D-Mo.), saying Gephardt needed to "get his facts straight" after criticizing the administration's Iraq war policy. Gephardt, a candidate for the Democratic presidential nomination and supporter on the war with Iraq, attacked President Bush's foreign policy Tuesday in...
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