Rep. Chris Cox nominated for SEC Chair
Today, President Bush nominated Orange County’s own Rep. Chris Cox to be the next chair of the Securities and Exchange Commission. Congressman Cox has been a supporter of business during his nearly twenty years in the House of Representatives and some see this support as a bad thing for an SEC chair to have.
While nobody is certain what type of Chairperson Mr. Cox will be, given his past record it seems likely that he will be more lenient to big business. It would not be surprising if the SEC starts to allow mergers and acquisitions that it would not have before.
The interesting political question that this nomination raises is who will Arnold appoint as Congressman Cox’s successor. Will he choose somebody that is as conservative and who will represent California’s 48th Congressional District as well as Rep. Cox has, or will Governor Schwarzenegger appoint somebody who is a more moderate Republican. In either case, it’s not like the balance of the House will be greatly affected, not like if a conservative senator was replaced by a more moderate one.
Congratulations Congressman Cox, hopefully we can now see the voters in Santa Ana and Tustin turn out and give the Democrats the 48th District next year.
I would like to say the Democrats have a chance in his district. But I can’t, it’s a GOP free-for-all.
It’s absolutely all about the GOP in that district. Mostly White, median income almost $70,000, almost all white collar. It’ll stay Red for a while yet…
His district is not only Santa Ana and Tustin, it has Irvine, Laguna and parts of more cities. It is very doubtful that a Democrat would win there. Since I live and vote in the 48th district,I know I want to keep it just the way it is. Thanks!
Danielle-
Yes, I know the 48th is more than just Santa Ana and Tustin, but Santa Ana and Tustin are the only two cities within the district that are even marginally Democrat. The 48th District encompasses some of the most Republican areas of the county, so I was trying to say that if the seat is to switch hands, the Democrats in Tustin and Santa Ana will have to turn out in large numbers. And I will say that I have no expectation of the seat switching hands, I have a feeling it’s one of the safest seats in the country.
FYI — the Governor doesn’t appoint someone to fill Cox’s House seat, as he would if a U.S. Senator were to die or resign. It will be filled by a special election.
Besides, what Democrat could win? I can’t think of one. It’s really just up to who decides they want it on the Republican side. CN