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  • Daschle Says SEC Chairman Harvey Pitt Should Go

    07/07/2002 11:13:33 AM PDT · by GeneD · 10 replies · 230+ views
    Filed at 1:21 p.m. ET WASHINGTON (Reuters) - Accusing the Bush administration of a ``cozy, permissive relationship'' with corporate America, Senate Majority Leader Tom Daschle said on Sunday the chairman of the Securities and Exchange Commission was largely responsible and should be replaced. Daschle faulted Chairman Harvey Pitt for having ``too cozy a relationship'' with those his agency regulates, including meeting with accountants he used to represent ``on many occasions before issuing regulation.'' Asked on CBS' ``Face the Nation'' if he thought Pitt should leave the SEC, the top U.S. markets regulator, Daschle said, ``That is an issue that I...