Bush taps Cox to lead SEC amid investor worries
President Bush nominates California Rep. Christopher Cox to head the Securities and Exchange Commission, seeking a balance between investor protection and business growth. Cox, a 16 year House veteran, would replace William Donaldson who departs after steering tougher enforcement amid recent corporate scandals. Senate confirmation awaited as GOP faces a tough hearing with Democrats wary of Cox’s regulator stance and industry ties.
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Settlement Reached In Case Over Student's Marshmallow Death
Parents of Catherine Casey Fish settle suit against suburban Illinois district for 2 million dollars after a 1999 classroom game death. Trial's second week ends as family rejects money focus and urges safer school activities nationwide.
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