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Bush Picks Investment Banker to Replace SEC's Pitt

President Bush nominates former investment banker William Donaldson to head the Securities and Exchange Commission. Donaldson's selection comes just a day after the president announced railroad executive John Snow as his choice for treasury secretary. Hear NPR's Jack Speer and Mike McNamee of Business Week.

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Jack Speer
Jack Speer is a newscaster at NPR in Washington, DC. In this role he reports, writes, edits, and produces live hourly updates which air during NPR programming.