Friday July 30, 2010



Executive

Executive Branch

As it relates to the checks and balances of our American government, the Executive Branch is responsible for the daily administration of the state bureaucracy. The head of the Executive Branch is the President of the United States. Underneath the President are the several Departments that have been created by Executive Order. The Department of Homeland Security, the Department of Defense, and the Department of Justice are just a few examples of these subgroups within the Executive Branch. The representative leaders of these departments are collectively known as the President’s “Cabinet” of advisors.

Since the Executive Branch of our government is in charge of administrating the affairs of the nation, it is important to keep them in our prayers. The Executive Branch directs the general political flow of the federal government.

Featured Member of the Executive Branch for Prayer

Mary_L_Schapiro Mary L. Schapiro, Chairperson of the U.S. Securities and Exchange Commission

Mary L. Schapiro was born in June 1955 in New York City. She graduated from Franklin & Marshall College and earned a juris doctor degree from George Washington University Law School.

In 1988 President Ronald Reagan appointed her to fill one of two Democratic seats on the Securities and Exchange Commission. President George H. W. Bush re-appointed her to that position, and President Bill Clinton appointed Schapiro as acting chairperson of the SEC and then appointed her as chair of the Commodity Futures Trading Commission. She later chaired the Task Force on Administrative Proceedings where many SEC rules of practice were revised and new guidelines set which were adopted.

In January 2008, President George W. Bush appointed Schapiro to the 19-member council of the President’s Advisory council on Financial Literacy. She reassumed the chairmanship of the SEC in January 29, upon nomination by President Barack Obama. As Chair of the SEC, Schapiro has instituted rulemakings aimed at reforming the structure of the markets for securities trading, including particularly “dark pool” alternative trading systems, internalization and the interface with other exchanges.

IN THE NEWS: Under a little-noticed provision of the recently passed financial reform legislation, the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act. The law, signed last week by President Obama, exempts the SEC from disclosing records or information derived from “surveillance, risk assessments, or other regulatory and oversight activities.” Congress and federal agencies can request information, but the public, including the media, cannot.




Presidential Seal

The President
and His Cabinet
(Click To Show)

Executive Branch Prayer Needs

PRAY FOR PRESIDENT OBAMA AND HIS ADMINISTRATION

President Obama acknowledged that he is concerned about the “substantial” leak of more than 91,000 sensitive documents, and gave reassurance that “the information doesn’t reveal any issues” that aren’t already available.

Education Secretary Arne Duncan announced that eighteen states and the District of Columbia are in the second round of the “Race to the Top” competition for federal stimulus funds to help schools overhaul their systems.

Pray for President Obama and Secretary Duncan this week.



Please pray for this Executive.


Leave a Reply