The WSJ reports that:
Lisa Fairfax, a professor at George Washington University Law School and an expert on shareholder activism, is the nominee for the open Democratic seat [on the SEC].
Ms. Fairfax is favored by many Democratic lawmakers and activist groups. Her name surfaced earlier this year on a list of candidates that Sen. Elizabeth Warren (D., Mass.) urged liberal groups to consider. Ms. Warren’s aides say she didn't directly express an opinion about Ms. Fairfax to the White House. Ms. Fairfax became a contender after left-leaning groups criticized the White House for considering a corporate attorney to fill the post.
Hester Peirce, who used to work at the SEC and the Senate Banking committee, is the nominee to fill the open Republican seat.
I don't know anything about the GOP candidate. But I have no Lisa for a long time and like her very much. She's a great person, a thoughtful and insightful scholar, with sound judgment. As such, I'm setting aside my presumption that anything Liz Warren supports is per se a bad idea. After all, even a stopped clock is right twice a day.
I expect Lisa to be open minded and not the sort of knee-jerk partisan that some SEC members (on both sides) have been lately.
So kudos!
