Kathleen L. Casey
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Kathleen L. Casey (born April 12, 1966) is a former
Republican Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...
commissioner of the
U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...
. She was appointed by President
George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...
and sworn in on July 17, 2006. Her term expired in August 2011.


Background

Prior to being appointed commissioner, Casey spent 13 years on
Capitol Hill Capitol Hill, in addition to being a metonym for the United States Congress, is the largest historic residential neighborhood in Washington, D.C., stretching easterly in front of the United States Capitol along wide avenues. It is one of the ...
. Before her appointment as commissioner, she served as staff director and counsel of the
United States Senate Committee on Banking, Housing, and Urban Affairs The United States Senate Committee on Banking, Housing, and Urban Affairs (formerly the Committee on Banking and Currency), also known as the Senate Banking Committee, has jurisdiction over matters related to banks and banking, price controls, ...
. Casey was primarily responsible for guiding the chairman’s and committee’s consideration of, and action on, issues affecting economic and monetary policy, international trade and finance, banking, securities and insurance regulation, transit and housing policy,
money laundering Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions ...
and terror finance. Significant issues the committee considered under Ms. Casey’s direction include: reform of
Government Sponsored Enterprises A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government ...
, reauthorization of the
Terrorism Risk Insurance Act The Terrorism Risk Insurance Act (TRIA) (, ) is a United States federal law signed into law by President George W. Bush on November 26, 2002. The Act created a federal "backstop" for insurance claims related to acts of terrorism. The Act "provide ...
, Deposit Insurance Reform, insurance regulation,
Committee on Foreign Investment in the United States The Committee on Foreign Investment in the United States (CFIUS, commonly pronounced "Cifius" ) is an inter-agency committee of the United States government that reviews the national security implications of foreign investments in U.S. companie ...
, Sarbanes-Oxley implementation, and credit rating agencies. Casey served as legislative director and chief of staff for U.S. Senator
Richard Shelby Richard Craig Shelby (born May 6, 1934) is an American lawyer and politician serving as the senior United States senator from Alabama. First elected to the U.S. Senate in 1986 as a Democrat who later switched to the Republican Party in 1994, h ...
(R-AL). As legislative director from 1996 to 2002, Casey was instrumental in the drafting and passage of several laws. She developed, managed, and coordinated all aspects of legislative operations with a key focus on the appropriations process. In her capacity as Chief of Staff from 2002 to 2003, Casey acted as a key advisor on all policy and political matters. From 1994 to 1996, Casey served as staff director of the Subcommittee on Financial Institutions and Regulatory Relief of the Senate Banking Committee. She was responsible for advising and staffing the Senator on all committee issues, including the
Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995, , 109 Stat. 737 (codified as amended in scattered sections of 15 U.S.C.) ("PSLRA") implemented several substantive changes in the United States that have affected certain cases brought under the ...
, Whitewater special investigation, and financial services regulatory relief legislation. Casey also served Senator Shelby as legislative assistant from 1993 to 1994, during which she was responsible for handling all tax, budget, and finance policy matters. Casey voted to prevent the SEC from taking enforcement action against Goldman Sachs. In May 2013, the
Pennsylvania State Senate The Pennsylvania State Senate is the upper house of the Pennsylvania General Assembly, the Pennsylvania state legislature. The State Senate meets in the State Capitol building in Harrisburg. Senators are elected for four year terms, staggered ev ...
approved her nomination to the Penn State University Board of Trustees. In March 2014, Casey was appointed to the board of directors of HSBC serving as a member of the Group Audit Committee and the Financial System Vulnerabilities Committee.


Education

Casey was born on a military base in
Tripoli, Libya Tripoli (; ar, طرابلس الغرب, translit= Ṭarābulus al-Gharb , translation=Western Tripoli) is the capital and largest city of Libya, with a population of about 1.1 million people in 2019. It is located in the northwest of Libya o ...
. She received a J.D. from
George Mason University School of Law The Antonin Scalia Law School (previously George Mason University School of Law) is the law school of George Mason University, a public research university in Virginia. It is located in Arlington, Virginia, roughly west of Washington, D.C., and ...
in 1993 and a B.A. in International Politics from
Pennsylvania State University The Pennsylvania State University (Penn State or PSU) is a Public university, public Commonwealth System of Higher Education, state-related Land-grant university, land-grant research university with campuses and facilities throughout Pennsylvan ...
in 1988.


References


External links

* {{DEFAULTSORT:Casey, Kathleen L. Members of the U.S. Securities and Exchange Commission Living people Pennsylvania State University alumni Antonin Scalia Law School alumni 1966 births American women lawyers American lawyers George W. Bush administration personnel Obama administration personnel 21st-century American women