Monday, 28 July 2014
Last updated 2 days ago
Jun 21 2013 | 11:27am ET
Former Bridgewater Associates general counsel James Comey will be nominated to lead the Federal Bureau of Investigation today.
President Barack Obama will formally name Comey as his pick to become director of the law-enforcement agency in a ceremony at the White House. Comey served as Bridgewater's general counsel from 2010 until earlier this year, when he joined Columbia Law School.
While Comey, a Republican and a former official in President George W. Bush's Justice Department, is expected to be confirmed, it is unclear whether the Senate will have enough time to handle his nomination prior to the exit of current FBI Director Robert Mueller in September.
Comey, who also formerly served as a federal prosecutor, made a name for himself in 2004 when he refused to reauthorize the National Security Agency's domestic wiretapping program—a stance expected to smooth his way among Senate Democrats. Obama had considered naming Comey FBI director two years ago, but he turned down the job.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…