Trump to nominate former Senate aide Peirce for SEC commissionerWASHINGTON (Reuters) - U.S. President Donald Trump intends to nominate former Senate Republican aide Hester Maria Peirce to be a member of the Securities and Exchange Commission, the White House said on Tuesday. Peirce is a former Senate Banking Committee staff member and currently is the director of the Financial Markets Working Group at George Mason University’s Mercatus Center. She was nominated to the SEC last year by President Barack Obama, but the full Senate never acted on her nomination. Democrats on the Senate Banking Committee attempted to block her nomination when she declined to fully commit to work as a commissioner on requiring corporations to publicly disclose their political donations. She ultimately won the committee’s blessing but her nomination stalled in the Senate as Republicans dragged their feet on approving names put forward by Obama, a Democrat. Peirce could face a rocky time again in the chamber. Liberal firebrand Senator Elizabeth Warren is highly critical of Peirce, who is a member of the Federalist Society, an organization of conservative and libertarian lawyers. Peirce could be instrumental in carrying out Trump’s plan to reform regulations imposed after the 2007-09 financial crisis and recession. She recently edited and contributed to a book published by the right-leaning Mercatus Center that called for totally restructuring the country’s financial regulation. Peirce would fill one of two vacancies on the five-member commission. If Trump follows tradition, he will suggest a Democrat for the other open slot at the top U.S. securities regulator. Columbia University law professor Robert Jackson is a leading contender to fill the Democratic slot, people familiar with the matter said last month. politicsNews
trump nominate former senate aide pierce sec commissionerwashington reuters president donald trump intends nominate former senate republican aide ester maria pierce member securities exchange commission white house said tuesday pierce former senate banking committee staff member currently director financial markets working group george mason university mercato center she nominated sec last year president barack obama full senate never acted nomination democrats senate banking committee attempted block nomination declined fully commit work commissioner requiring corporations publicly disclose political donations she ultimately committee blessing nomination stalled senate republicans dragged feet approving names put forward obama democrat pierce could face rocky time chamber liberal rebrand senator elizabeth warren highly critical pierce member federalism society organization conservative libertarian lawyers pierce could instrumental carrying trump plan reform regulations imposed financial crisis recession she recently edited contributed book published mercato center called totally restructuring country financial regulation pierce would fill one two vacancies commission if trump follows tradition suggest democrat open slot top securities regulator columbia university law professor robert jackson leading contender fill democratic slot people familiar matter said last month politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Trump to nominate former Senate aide Peirce for SEC commissionerWASHINGTON (Reuters) - U.S. President Donald Trump intends to nominate former Senate Republican aide Hester Maria Peirce to be a member of the Securities and Exchange Commission, the White House said on Tuesday. Peirce is a former Senate Banking Committee staff member and currently is the director of the Financial Markets Working Group at George Mason University’s Mercatus Center. She was nominated to the SEC last year by President Barack Obama, but the full Senate never acted on her nomination. Democrats on the Senate Banking Committee attempted to block her nomination when she declined to fully commit to work as a commissioner on requiring corporations to publicly disclose their political donations. She ultimately won the committee’s blessing but her nomination stalled in the Senate as Republicans dragged their feet on approving names put forward by Obama, a Democrat. Peirce could face a rocky time again in the chamber. Liberal firebrand Senator Elizabeth Warren is highly critical of Peirce, who is a member of the Federalist Society, an organization of conservative and libertarian lawyers. Peirce could be instrumental in carrying out Trump’s plan to reform regulations imposed after the 2007-09 financial crisis and recession. She recently edited and contributed to a book published by the right-leaning Mercatus Center that called for totally restructuring the country’s financial regulation. Peirce would fill one of two vacancies on the five-member commission. If Trump follows tradition, he will suggest a Democrat for the other open slot at the top U.S. securities regulator. Columbia University law professor Robert Jackson is a leading contender to fill the Democratic slot, people familiar with the matter said last month. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: trump nominate former senate aide pierce sec commissionerwashington reuters president donald trump intends nominate former senate republican aide ester maria pierce member securities exchange commission white house said tuesday pierce former senate banking committee staff member currently director financial markets working group george mason university mercato center she nominated sec last year president barack obama full senate never acted nomination democrats senate banking committee attempted block nomination declined fully commit work commissioner requiring corporations publicly disclose political donations she ultimately committee blessing nomination stalled senate republicans dragged feet approving names put forward obama democrat pierce could face rocky time chamber liberal rebrand senator elizabeth warren highly critical pierce member federalism society organization conservative libertarian lawyers pierce could instrumental carrying trump plan reform regulations imposed financial crisis recession she recently edited contributed book published mercato center called totally restructuring country financial regulation pierce would fill one two vacancies commission if trump follows tradition suggest democrat open slot top securities regulator columbia university law professor robert jackson leading contender fill democratic slot people familiar matter said last month politicsnews