From Politico’s Morning Money:

KELLEHER FOR SEC CHAIR? –

Simon Johnson in the NYT: “[T]here is a simple and direct test [of how tough the administration wants to get on Wall Street] that is fast approaching: Whom will President Obama nominate as the new chair of the SEC.? …

“Dennis Kelleher is a former senior Senate leadership aide with a great deal of political experience, including during the financial crisis and in the negotiations that led to Dodd-Frank, and now runs the pro-reform group Better Markets. Previously, he was a partner at the international law firm of Skadden, Arps. …

“Mr. Kelleher and his team are in the trenches every day, arguing on behalf of taxpayers and ordinary citizens at every opportunity before the entire range of regulators, in court cases and with Congress and the administration.” http://nyti.ms/T4ude9

Read all of Morning Money here.