Former U.S. Attorney Debra Wong Yang Being Considered to Lead SEC
The Wall Street Journal is quoting a Trump transition official as saying that Debra Wong Yang, a former Los Angeles U.S. attorney with close ties to New Jersey Gov. Chris Christie, is under consideration for nomination as chairman of the Securities and Exchange Commission.
Yang, who was the top federal prosecutor in the central district of California from 2002 to 2006, met with President-Elect Donald Trump on Monday, report Dave Michaels and Sara Randazzo.
Trump has said he would try to roll back landmark financial regulations imposed by President Barack Obama’s administration. “But the choice of Ms. Yang might signal that a Trump administration would be more focused on continuing the Obama-era record of pursuing high-profile investigations of Wall Street,” they write.