WASHINGTON -- Christopher Cox, a pro-business Republican congressman from Newport Beach, Calif., was nominated by President Bush last week to become the next chairman of the Securities and Exchange Commission following the resignation of William H. Donaldson. Donaldson, 74, said he plans to step down June 30. In nominating Cox to the SEC post, Bush called him "a champion of the free enterprise system in Congress. I've given Chris a clear mission: to continue to strengthen the public trust ...

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