A Senate committee Wednesday signed off on President Joe Biden’s nomination to lead the Securities and Exchange Commission (SEC) but deadlocked on his choice to helm the Consumer Financial Protection Bureau (CFPB).

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...