WASHINGTON -- President George W. Bush today named Securities and Exchange Commissioner Cynthia Glassman as acting SEC chairwoman.
SEC Chairman William Donaldson is stepping down today. The Senate has yet to approve Rep. Christopher Cox, R-Calif., Bush's choice to replace Donaldson.
Glassman, a Republican, was sworn in as an SEC commissioner in January 2002, and is serving a term that ends in June 2006.
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