HispanicBusiness

WASHINGTON -- The White House has submitted Mexican-American Roel Campos's nomination for a Securities and Exchange Commission (SEC) post to the Senate.

If confirmed, Campos would become the first Hispanic to serve on the SEC.

The confirmation hearings are scheduled to begin July 23 before the Senate Banking Committee, according to the office of Senate Majority Leader Tom Daschle (D-SD).

Campos, a former assistant U.S. attorney in Los Angeles, was the co-founder of El Dorado Communications Inc., a Houston-based broadcasting company.

Campos, born in Harlingen, Texas, to Mexican immigrants, has the experience and integrity to fight corporate fraud and protect workers and investors, Daschle said in a press release.

Daschle, who urged President George W. Bush to nominate Campos in January, said the candidate's experience in the corporate world meant that "U.S. businesses and families would be well represented by Roel Campos."

Rep. Silvestre Reyes (D-TX), chairman of the Congressional Hispanic Caucus, added that Campos "is a leader who brings much-needed diversity to the SEC and our federal government."