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Obama Chooses Former U.S. Attorney Mary Jo White To Head SEC

Mary Jo White, a former U.S. attorney in New York who prosecuted terrorists responsible for the bombings of the World Trade Center and U.S. embassies in Africa, will be nominated by President Obama to head the Securities and Exchange Commission.

NPR's Scott Horsley gets that word from a senior White House official. Other news outlets are being told the same thing. The president is expected to make the announcement this afternoon. White would succeed Mary Schapiro, who stepped down last month.

White was U.S. attorney for the Southern District of New York for nine years, until January 2002. That year, she joined the New York-based law firm Debevoise & Plimpton. She has been a director of the Nasdaq Stock Exchange.

Obama is also expected to say he will renominate Richard Cordray to lead the newly created Consumer Financial Protection Bureau. Last January, Obama used a "recess appointment" to put Cordray in that job while the Senate was on vacation. Republicans had been trying to block Cordray's appointment.

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In 'Porcelain,' Moby Searches For Validation And Finds Unlikely Success

The electronic musician's new memoir traces his journey from Connecticut suburbs to New York City raves. It's a tale of dance clubs, DJs and Manhattan in the 1990s full of self-deprecating humor.
NPR

To Survive The Bust Cycle, Farmers Go Back To Business-School Basics

Farming is entering its third year on the bust side of the cycle. Major crop prices are low, while expenses like seed, fertilizer and land remain high. That means getting creative to succeed.
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Power Plant Fight In Prince George's County

A predominantly African American community in rural Prince George's County recently filed a federal civil rights complaint in response to plans to build a third power plant in one town, and fifth in the region.

NPR

Reports Peg Tech Billionaire As Funder Of Hulk Hogan's Case Against Gawker

The New York Times says entrepreneur Peter Thiel confirms he has been bankrolling the ex-wrestler's lawsuit. Gawker is appealing a jury award to Hogan of $140 million over publication of a sex tape.

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