GOP pushes new SEC head on JOBS Act regulations

The letter was signed by House Majority Whip Kevin McCarthy (Calif.), Rep. Patrick McHenry (N.C.), and Sens. Pat Toomey (Pa.) and John ThuneJohn Randolph ThuneGun proposal picks up GOP support Overnight Regulation: Senate panel approves driverless car bill | House bill to change joint-employer rule advances | Treasury to withdraw proposed estate tax rule | Feds delaying Obama methane leak rule Dems see Trump as potential ally on gun reform MORE (S.D.), who is chairman of the Senate Republican Conference.

Republicans had long-held gripes against White's predecessor, Mary Schapiro, as they accused her of deliberately slow-walking implementation of the law, which was enacted more than a year ago. Schapiro aired concerns about the measure before its passage, warning that some of the provisions could remove key investor protections.

White has emphasized that investor protections should be a critical piece of any rules implementing the law, but also said during her confirmation hearing that getting the JOBS Act in place would be a top priority for her as chairman, alongside the Dodd-Frank financial reform law.

"The SEC needs to get the rules right, but it also needs to get them done," she told the Senate Banking Committee. "To complete these legislative mandates expeditiously must be an immediate imperative for the SEC."