Kara Stein and Michael Piwowar were approved on Thursday as members of Securities and Exchange Commission by the Senate Banking Committee on a voice vote.
The committee also voted to give new Chairwoman Mary Jo White a full term until June 2019. A full Senate confirmation vote has not been scheduled.
Ms. Stein is legal counsel and senior policy adviser to committee member Jack Reed, D-R.I. From 2009 to 2013, she was staff director of the panel's subcommittee on securities, insurance and investment. If confirmed, Ms. Stein would replace Elisse Walter and serve until June 2017.
Mr. Piwowar has been chief economist for the committee since 2009. He served with the Council of Economic Advisers and the Financial Regulatory Reform Working Group of the President's Economic Recovery Advisory Board, and as an SEC senior financial economist from 2004 to 2006. He would replace Troy Paredes and serve until June 2018.
