Principal Deputy U.S.
Mint Director Matthew Rhett Jeppson will have to wait a little
longer to find out if his nomination to become the 39th director of
the nation's coin bureau gets approved.
A scheduled April 7 vote by the Senate
Committee on Banking, Housing and Urban Affairs on Jeppson's
nomination and that of four others to presidentially appointed posts
was suspended by the committee's chairman, Sen. Richard Shelby,
R-Ala., after committee Democrats voiced their opposition to the
nominations of Lisa M. Fairfax and Hester Maria Peirce to become
members of the Securities and Exchange Commission.
Shelby had called for a single vote on all five nominations, and while the other three
nominees, including Jeppson, received Democratic support, Fairfax and
Peirce did not. The opposition stems from Fairfax's and Peirce's
reluctance to push for new disclosure requirements for corporate
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Both SEC nominees were extensively grilled during a March 15
nomination hearing at which Jeppson received only two minor questions
from Senate committee members.
No announcement has been made for when another vote on the
nominations will be taken. Had Jeppson's nomination been favorably
voted out of committee, the nomination would have gone before the full
Senate seeking confirmation to a full five-year term.
If Jeppson does received confirmation, whether he will get to serve
a full term will depend strongly on who's in the White House come Jan.
21. The incoming president, even if of the same political party as the
nominee, may decide to fill the post with a different nominee.
Jeppson is President Obama's second nominee for Mint director.
Former Ford Motor Co. executive Bibiana Boerio's 2012 nomination never
made it to the Senate hearing stage.
The Mint director's position has been vacant since Edmund C. Moy
resigned in January 2011 to enter the private sector.