NEW YORK (AP) - Former Texas Rangers president J. Thomas Schieffer was hired by Commissioner Bud Selig on Monday to run the Los Angeles Dodgers, less than a week after Major League Baseball took over operation of the franchise from owner Frank McCourt.

Schieffer, younger brother of "Face the Nation" host Bob Schieffer, took over immediately. In seizing control of the franchise, MLB told the Dodgers that any expenditure of $5,000 or more would have to be approved.

The 63-year-old Schieffer served three terms in the Texas House of Representatives in the 1970s after being elected at the age of 25. President George W. Bush appointed him ambassador to Australia in 2001, a job held until he became ambassador to Japan from 2005-09. In business, Schieffer managed investments in oil and gas.

The Dodgers took a 12-11 record into Monday's game against the Marlins.