WASHINGTON (AP) - President George W. Bush's choice to head the Securities and Exchange Commission, Rep. Christopher Cox, has hundreds of thousands of dollars in money-market and mutual funds and large holdings in stocks of some big companies, his financial report shows.
Bush last month selected Cox, a California Republican who is a free-market conservative, to head the SEC after the surprise resignation of Chairman William Donaldson, whom Bush had installed to help restore confidence in a stock market shaken by corporate scandals.