The White House on Friday defended Securities and Exchange Commission Chair Mary Jo White from Sen. Elizabeth Warren’s call for President Obama to replace her as the agency’s leader, MorningConsult.com reported. “The president continues to believe that Chair White is the right leader for the Securities and Exchange Commission,” White House spokesman Eric Schultz told reporters today, according to a pool report. Sen. Warren on Friday called on Obama to unilaterally replace White as chair with one of the other two sitting SEC commissioners because of what Warren characterized as a dissatisfying record on disclosure rules.
