Breeden Confirmed
The Senate has confirmed Richard C. Breeden as chairman of the Securities and Exchange Commission, the agency that polices the U.S. financial markets.
Breeden, 39, an aide to President Bush who guided the savings and loan bailout package through Congress, was approved by a voice vote of the full Senate without debate.
He replaces David S. Ruder, who held the job for two years before returning last week to Northwestern University in Chicago to teach securities law.
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