{"id":126014,"date":"2024-11-15T05:47:19","date_gmt":"2024-11-14T22:47:19","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=126014"},"modified":"2024-11-15T05:47:19","modified_gmt":"2024-11-14T22:47:19","slug":"trump-taps-ex-sec-chair-jay-clayton-to-be-wall-streets-cop-1","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=126014","title":{"rendered":"Trump Taps Ex-SEC Chair Jay Clayton to Be Wall Street\u2019s Cop (1)"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>President-elect <bw-person data-terminal-id=\"1252249\" data-id=\"00000161-7702-d8ae-adf9-ffa618cf0000\" class=\"person\" data-name=\"Donald John Trump\">Donald Trump<\/bw-person> said he wants <bw-person data-terminal-id=\"18112479\" data-id=\"00000161-71f1-d597-afef-71f166c10000\" class=\"person\" data-name=\"Walter J Clayton\">Jay Clayton<\/bw-person> to serve as US Attorney for Manhattan, leading the <bsp.bb.link state=\"{&quot;bbHref&quot;:&quot;bbg:\/\/securities\/4131761Z%20US%20Equity&quot;,&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd43fc0002&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">Justice Department<\/bsp.bb.link> office known as being the sheriff of Wall Street.<\/p>\n<p>The position would mark a shift to criminal law for Clayton, who led the <bsp.bb.link state=\"{&quot;bbHref&quot;:&quot;bbg:\/\/securities\/13165Z%20US%20Equity&quot;,&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd43fd0000&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">US Securities and Exchange Commission<\/bsp.bb.link> during Trump\u2019s first administration. Since leaving government, Clayton has served as <bsp.bb.link state=\"{&quot;bbHref&quot;:&quot;bbg:\/\/securities\/9990822D%20US%20Equity&quot;,&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd43fd0001&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">Apollo Global Management Inc.<\/bsp.bb.link>\u2019s independent chair and returned to New York-based law firm <bsp.bb.link state=\"{&quot;bbHref&quot;:&quot;bbg:\/\/securities\/1147L%20US%20Equity&quot;,&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd43fd0002&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">Sullivan &amp; Cromwell<\/bsp.bb.link> as a senior adviser.<\/p>\n<p>The US Attorney\u2019s Office for the <bsp.bb.link state=\"{&quot;bbHref&quot;:&quot;bbg:\/\/securities\/1071L%20US%20Equity&quot;,&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd43fe0000&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">Southern District of New York<\/bsp.bb.link>, often called the \u201csovereign district\u201d for its independent streak, handles many high-profile financial fraud cases, as well as those alleging terrorism, organized crime and public corruption. <\/p>\n<div class=\"embedded-image\"> <img decoding=\"async\" src=\"https:\/\/db0ip7zd23b50.cloudfront.net\/dims4\/default\/fb67f6b\/2147483647\/resize\/633x10000%3E\/quality\/90\/?url=https%3A%2F%2Forca.bindg.com%2Fapi%2Frendition%2Fjpg%2Forca369002.jpg%3Fdigest%3D22e4e3c597f4a6fcde45e7e7965dc0f93b0332cd80856e0e9d7147f19f671417\" data-size=\"embedded\"\/> <\/p>\n<div class=\"image-info-wrapper\">\n<p>Jay Clayton, former chairman of the US Securities and Exchange Commission<\/p>\n<p>Photographer: Jeenah Moon\/Bloomberg<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>As SEC chair under Trump, Clayton mostly succeeded in casting himself as an independent voice focused on protecting small-time investors from fraud and financial industry abuses rather than waging ideological fights. He cultivated relationships with Republicans and Democrats.<\/p>\n<p>The Trump White House said in mid-2020 that it would tap Clayton to lead SDNY as the office was investigating Trump\u2019s associates. In the end, his nomination never advanced. <\/p>\n<p>\u201cJay is a highly respected business leader, counsel, and public servant,\u201d Trump said in <bsp.bb.link state=\"{&quot;bbDocId&quot;:&quot;SMYNB8MB2SJP&quot;,&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd44000001&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">a post<\/bsp.bb.link> on Truth Social, saying that Clayton did \u201can incredible job\u201d as SEC Chair during his first term.<\/p>\n<p>Clayton didn\u2019t immediately respond to a request for comment.<\/p>\n<p>Trump has made it clear his administration\u2019s priorities for law enforcement would include a focus on immigration-related and violent crimes and also has made no secret of his willingness to use the Justice Department to pursue his perceived adversaries. The Manhattan US attorney\u2019s office is famous for tackling complex financial cases and appointees are historically veterans of the office.<\/p>\n<p>In the past three years, the office brought several prominent cases including the prosecutions of FTX co-founder <bw-person data-terminal-id=\"22222825\" data-id=\"0000018e-869d-db0a-a9fe-ffddc61a0000\" class=\"person\" data-name=\"Sam Bankman-Fried\">Sam Bankman-Fried<\/bw-person> and <bsp.bb.link state=\"{&quot;bbHref&quot;:&quot;bbg:\/\/securities\/0732002D%20US%20Equity&quot;,&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd44030001&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">Archegos Capital Management<\/bsp.bb.link> founder <bsp.person state=\"{&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd44030002&quot;,&quot;_type&quot;:&quot;00000160-6f41-dae1-adf0-6ff519590003&quot;}\">Bill Hwang<\/bsp.person>, both convicted of frauds following high-profile trials.<\/p>\n<p>US attorneys prosecute civil and criminal cases for the federal government in 93 districts and generally serve at the behest of specific administrations and depart when a new president takes office. <bsp.person state=\"{&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd44050000&quot;,&quot;_type&quot;:&quot;00000160-6f41-dae1-adf0-6ff519590003&quot;}\">Damian Williams<\/bsp.person>, who currently leads SDNY, hasn\u2019t announced his plans. <\/p>\n<p>(Updates with details on Clayton starting in third paragraph.)<\/p>\n<p>To contact the reporters on this story:<br \/><bsp.person state=\"{&quot;_id&quot;:&quot;00000193-2ccd-dd16-a5d7-6cfd44090000&quot;,&quot;_type&quot;:&quot;00000160-6f41-dae1-adf0-6ff519590003&quot;}\">Ava Benny-Morrison<\/bsp.person> in New York at <a href=\"https:\/\/news.bloomberglaw.com\/us-law-week\/mailto:abennymorris@bloomberg.net\">abennymorris@bloomberg.net<\/a>;<br \/><bw-person data-terminal-id=\"3487187\" data-id=\"0000017d-9b3f-d260-a97d-fbbf3abd0000\" class=\"person\" data-name=\"Chris Dolmetsch\">Chris Dolmetsch<\/bw-person> in Federal Court in Manhattan at <a href=\"https:\/\/news.bloomberglaw.com\/us-law-week\/mailto:cdolmetsch@bloomberg.net\">cdolmetsch@bloomberg.net<\/a><\/p>\n<p>To contact the editors responsible for this story:<br \/><bw-person data-terminal-id=\"16901381\" data-id=\"00000180-d8ac-d4fc-a3b7-fafff8dd0000\" class=\"person\" data-name=\"Ben Bain\">Ben Bain<\/bw-person> at <a href=\"https:\/\/news.bloomberglaw.com\/us-law-week\/mailto:bbain2@bloomberg.net\">bbain2@bloomberg.net<\/a><\/p>\n<p>Misyrlena Egkolfopoulou, Sara Forden<\/p>\n<p>\u00a9 2024 Bloomberg L.P. All rights reserved. Used with permission.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/news.bloomberglaw.com\/us-law-week\/trump-taps-his-former-sec-chair-jay-clayton-to-lead-sdny\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President-elect Donald Trump said he wants Jay Clayton to serve as US Attorney for Manhattan, leading the Justice Department office known as being the sheriff of Wall Street. The position &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=126014\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-126014","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126014"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126014\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}