Warren On The Warpath: Calls For SEC Chair’s Head

Sen. Elizabeth Warren is on the warpath and she ain’t taking no prisoners.
Just days after essentially running (now former) Wells Fargo CEO John Stumpf into retirement (albeit with a $135.4 million golden parachute), she’s at it again, and this time the target is SEC Chair Mary Jo White.
In a series of Tweets, Warren informed the public that she has formally called for the President to fire White for a dereliction of duty. In case you missed the fireworks:
The SEC has a simple purpose: to protect investors by ensuring they have the information they need to make decisions
— Elizabeth Warren (@SenWarren) October 14, 2016
But under Chair White the SEC routinely ignores needs of investors to cater to interests of big businesses, dragging its feet on key rules
— Elizabeth Warren (@SenWarren) October 14, 2016
SEC Chair White has refused to advance a rule to require public corporations to disclose political spending despite broad bipartisan support
— Elizabeth Warren (@SenWarren) October 14, 2016
The SEC needs new leadership to return to its mission to protect investors. @POTUS should use his authority to designate a new chair today
— Elizabeth Warren (@SenWarren) October 14, 2016
You’re reminded that Mary Jo White once worked alongside Robert Rice (former Deutsche Bank Head of Governance, Litigation & Regulation for the Americas) and William Johnson (Deutsche’s one time outside counsel) in the U.S. Attorney’s Office for the Southern District of New York. Close with the trio was former director of the SEC’s enforcement division and Deutsche’s general counsel Robert Khuzami.
Spin revolving door, spin!
Here is Warren’s full letter to the President:
2016-10-14 Sec Letter to Potus Ocr by Walter on Scribd
Finally, here’s what happened the last time they met in person: