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Article Summary
- A potential contender for the Securities and Exchange Commission (SEC) drops out of consideration
- The individual withdrawing from consideration is identified as a former Obama administration official
- The decision is attributed to concerns about the nominee's past work in the private sector
- The SEC nomination process is facing increased scrutiny and challenges
- The withdrawal adds another layer of complexity to the SEC appointment process Tone: informative and slightly critical
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Robinhood's Dan Gallagher Bows Out Of Contention For SEC Chair
https://www.politico.com/live-updates/2024/11/22/c...
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