SEC Chairman President Bush picked investment banker William Donaldson of Donaldson, Lufkin and Jenrette to head the Securities and Exchange Commission, replacing Harvey Pitt. President Bush said Donaldson is a strong leader who would "vigorously enforce our nation's laws against corporate corruption." NPR's Jack Speer has the story.

SEC Chairman

SEC Chairman

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President Bush picked investment banker William Donaldson of Donaldson, Lufkin and Jenrette to head the Securities and Exchange Commission, replacing Harvey Pitt. President Bush said Donaldson is a strong leader who would "vigorously enforce our nation's laws against corporate corruption." NPR's Jack Speer has the story.