Senate confirmation News

Senate Committee Approves SEC, Consumer Financial Bureau Chiefs

A U.S. Senate panel voted to move forward two of President Barack Obama’s choices to lead financial regulatory agencies, but his pick of Richard Cordray to head the new consumer bureau likely still faces a tough path to final confirmation. …

Report: Senate May Reject Texas Insurance Commissioner

Texas Insurance Commissioner Eleanor Kitzman could have trouble winning Senate confirmation to keep her job, as Democrats with enough votes to defeat her nomination question her credentials. Kitzman was appointed by Texas Gov. Rick Perry in 2011 between legislative sessions. …