US Senate Banking Committee moves toward SEC nominee hearing
In short
The U.S. Senate Banking Committee moved fast to set review of President Donald Trump’s SEC nominees for next week. The committee has to advance the picks before they can move forward.
What the reporting says
The U.S. Senate Banking Committee moved quickly to schedule review of President Donald Trump’s SEC nominees for next week. The process puts the new SEC nominations on track for committee consideration as the review approaches.
Why it matters
The committee is preparing to review President Donald Trump’s SEC nominees next week, according to the summary. The move matters because the Senate Banking Committee must advance those picks before they can progress. The story is about the nomination process for the U.S. Securities and Exchange Commission and the Senate committee handling it.