Billmon: A Cox in the Henhouse

President Bush on Thursday named Rep. Christopher Cox -- a champion of curbing investor lawsuits -- as the White House's choice to head the U.S. Securities and Exchange Commission, prompting academics to predict a major shift in the market-regulating agency's focus.

Reuters
Bush picks Cox to head SEC
June 2, 2005

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Contributions to Rep. Christopher Cox by the financial services industry 1993-2004: $988,763

Financial services sector’s rank among Cox’s contributors 1993-2004: 1st

Share of Cox’s total 1993-2004 contributions received from financial services industry: 21%

Total brokerage and investment industry contributions to Cox 1993-2004: $214,995

Total accounting industry contributions to Cox 1993-2004: $188,284

Cox’s largest single donor ($19,825) in the 2004 election cycle: Latham & Watkins

(Contribution data courtesy of Open Secrets)