Trump Nominates Ex-SEC Chair Jay Clayton as Manhattan U.S. Attorney, Pending Senate Confirmation

Nov 14, 2024, 10:03 PM

President-elect Donald Trump has nominated Jay Clayton, former chairman of the U.S. Securities and Exchange Commission (SEC) during his previous term, to serve as the U.S. Attorney for the Southern District of New York (SDNY). The position, often referred to as the 'sheriff of Wall Street', requires Senate confirmation. Clayton, a business-friendly former regulator, led the SEC from 2017 to 2020 under Trump's administration. The SDNY plays a key role in prosecuting financial crimes, including many crypto-related cases.