U.S. Deputy Attorney General James B. Comey announces federal grand jury indictments for three British nationals during a news conference April 12, 2005 in Washington, D.C. / Photo by Mark Wilson/Getty Images
Associated Press Release
By: NEDRA PICKLER
WASHINGTON (AP) -- President Barack Obama is prepared to nominate former Bush administration official James Comey as FBI director, but in a possible warning sign, the top Republican on the Senate committee that would review the nomination said Comey would face questions about his Wall Street connections.
Three people with knowledge of the selection said Wednesday Obama planned to nominate Comey, who was the No. 2 at the Justice Department under President George W. Bush. Comey was general counsel to Connecticut-based hedge fund Bridgewater Associates from 2010 until earlier this year.
Iowa Republican Sen. Chuck Grassley indicated Comey's confirmation hearing would raise questions about the Obama administration's investigations of Wall Street.
The three people spoke on condition of anonymity because they weren't authorized to discuss Comey's selection. Comey would replace Robert Mueller (MUHL'-ur).