May 11, 2001 |
President Bush on Thursday officially nominated Harvey L. Pitt, one of the nation's leading securities lawyers, to be chairman of the Securities and Exchange Commission. The decision, which had been expected since early this week, caps a lengthy search by the Bush administration to fill the position of the nation's top securities cop. If confirmed by the Senate, the 56-year-old Pitt would replace Arthur Levitt, who resigned in February after a record 7 1/2 years at the helm of the agency.
October 10, 2002 |
Congress' two top Democrats wrote to President Bush on Wednesday seeking the resignation of Securities and Exchange Commission Chairman Harvey L. Pitt and questioning the SEC chief's handling of the creation of a national board to police corporate accounting. Senate Majority Leader Tom Daschle (D-S.D.) and House Minority Leader Richard Gephardt (D-Mo.
August 6, 2002 |
Securities and Exchange Commission Chairman Harvey L. Pitt's one-year pledge to sit out votes on cases involving former clients has expired, leaving him free to act on all issues before the agency. The former securities lawyer, who was sworn in as SEC chairman a year ago last Saturday, said he will decide whether to participate in agency actions case by case. Those judgments may include whether to vote on possible civil charges against bankrupt energy trader Enron Corp.
October 10, 2002
The recent conduct of Harvey L. Pitt, chairman of the Securities and Exchange Commission, is a sharp reminder of why the nation's chief fiscal watchdog needs watching. Despite his promises to clean up the accounting industry, Pitt is mired in his own flagrant conflicts of interest. He is also reported to be backpedaling on appointing a strong independent oversight commission.
January 18, 2002 |
The nation's top securities regulator forcefully defended himself Thursday from critics who question his impartiality in the probe of Enron Corp.'s collapse and outlined a plan to bolster oversight of the accounting profession in an effort to prevent similar disasters. Harvey L.
November 2, 2002 |
White House officials carefully distanced themselves Friday from embattled Securities and Exchange Commission Chairman Harvey L. Pitt, saying the administration was awaiting the outcome of inquiries into whether he withheld potentially damaging information about his choice for a top oversight job. Away from the White House, senior Republicans focused on the potential political fallout of the flap, grumbling that Pitt had put President Bush in an awkward position just before Tuesday's election.