Donald Trump also selects lawyers from criminal cases for other high-level posts in his administration
Donald Trump will nominate Jay Clayton, the former head of the Securities and Exchange Commission, as US attorney for the Southern District of New York, one of the most prestigious prosecutorial posts with oversight of Wall Street. “Jay is a highly respected business leader, counsel, and public servant,” Trump said in a post on his Truth Social platform on Thursday. He said Clayton had done “an incredible job” as SEC chair.
By contrast, the latest batch of nominations come from more conventional legal backgrounds. All have close ties to Trump. During his tenure at the SEC Clayton, a veteran Wall Street lawyer, had sought to focus his enforcement agenda on cases linked to harm against retail investors, and oversaw a deregulatory drive aimed at making it easier for companies to raise capital.
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