Trump Taps SEC’s Peirce for Second Term at Agency (1)

June 3, 2020, 2:48 PM; Updated: June 3, 2020, 4:18 PM

Republican SEC Commissioner Hester Peirce could have at least five more years at the agency, if the Senate backs her.

President Donald Trump nominated Peirce for a second term at the Securities and Exchange Commission Tuesday, according to the White House. Her current term is scheduled to expire June 5, but can continue for about 18 more months while senators review her nomination.

Peirce could serve until at least 2025 with Senate confirmation. She declined to comment Wednesday.

Peirce joined the SEC in January 2018. She previously was a senior research fellow at George Mason University’s Mercatus Center, a right-leaning ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.