President Obama named Securities and Exchange commissioner Elisse Walter the new chair of the financial regulatory agency after Chairman Mary Schapiro announced Monday that she would be leaving the SEC next month. "The SEC is stronger and our financial system is safer and better able to serve the American people, thanks in large part to Mary's hard work," Obama said in a statement. "I'm confident that Elisse's years of experience will serve her well in her new position, and I'm grateful she has agreed to help lead the agency." Schapiro's departure was "widely telegraphed," said The New York Times, after a "bruising, four-year tenure."
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- How Ronald Reagan turned America into a nation of children
- Why Mitt Romney is perfectly poised for a comeback in 2016
- The Nazi smart bomb that inspired China's most dangerous weapon
- Here's the schedule very successful people follow every day
- Why is the West so afraid of Islam?
- 8 things the world's most extraordinary survivors can teach you about resilience
- The conservative battle against ObamaCare won't end with Halbig
- This week I learned the moon might be littered with dinosaur fossils, and more
- How to make classic pulled pork
- Why scientists can't kill HIV
Subscribe to the Week