President-elect Barack Obama named seasoned regulator Mary Schapiro to head the Securities and Exchange Commission Thursday.
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Obama also named Georgetown University law professor Daniel Tarullo to fill one of two vacancies on the seven-seat Federal Reserve Board, which is battling to ease a credit crisis and fend off a deepening recession, and he picked former Treasury official Gary Gensler to head the Commodities Futures Trading Commission (CFTC), which regulates the U.S. commodity futures and options market.
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And Obama answered questions on the pick of Rick Warren to give the invocation inaugural day.
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