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McCain Backs Cuomo For SEC Head

September
22

Here’s John McCain last night saying he would like to see Attorney General Andrew Cuomo as possibly the next head of the SEC.

Here’s the transcript. McCain’s comment come at about 3:30 in the video.

Scott Pelley: You have called for the firing of the head of the Securities and Exchange Commission, the federal government organization that oversees the markets.

McCain: Yes. You know, and by the way, that technically he can’t be, quote, fired. But I’ll tell you, when I’m president, if I want somebody to resign, they resign.

Pelley: I’m curious. If you wanna fire Chris Cox, the chairman of the SEC, who would you replace him with?

McCain: This may sound a little unusual, but I’ve admired Andrew Cuomo. I think he is somebody who could restore some credibility, lend some bipartisanship to this effort.

Pelley: He’s a Democrat.

McCain: Oh, yes.

Pelley: He served in the cabinet of President Clinton.

McCain: Yes. And he did a good job. And he has respect. And he has prestige.

Watch CBS Videos Online

This entry was posted on Monday, September 22nd, 2008 at 10:00 am by Joseph Spector.
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A behind-the-scenes look at state government and politics from the Capitol bureau of Gannett News Service.
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About the authors
Jay GallagherJay Gallagher has covered Albany for Gannett News Service since 1984 and has been Albany Bureau chief since 1989. He`s a native of the Boston area and likes to point out that in this millennium, the score is Red Sox 1 championship, the Yankees 0.
Cara MatthewsCara Matthews has been a statehouse correspondent in the Albany Bureau since August 2005. Prior to that, she covered Putnam County government and politics at The Journal News for nearly five years. Before that, she worked at newspapers in Connecticut and covered the state Legislature for one of them.

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