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Obama Announces Acting OMB Director

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  • Description

    FBN’s Adam Shapiro on Obama announcing Jeffrey Zients will serve as the Acting OMB Director.

  • Duration 0:54
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I'm Adam Shapiro here Fox Business -- David -- is resigning from his post as SEC inspector general -- who was appointed in 2007.

It was highly critical of how the SEC handled both the Bernie Madoff and Allen Stanford cases.

-- we'll leave the agency at the end of January to join a private investigative services firm.

President Obama is -- -- science to serve as the acting director of the Office of Management and Budget.

Science is currently the deputy director for management chief performance officer.

Shares of Carnival Corp.

were down as much as 14% today marking the stock steepest one day decline.

Since September 17 2001 that was the first day of trading after the 9/11 terrorist attacks.

JPMorgan cut -- rating to neutral -- this weekend's Italian cruise ship disaster five more bodies were pulled from the -- ship raising the death told to eleven.

More than twenty people --

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