United States President-elect Donald Trump has announced his former chair of the Securities and Exchange Commission Jay Clayton will serve as US Attorney for the Southern District of New York.
Trump spoke highly of Clayton in the Nov. 14 announcement on social media platform Truth Social, noting that he has been a “highly respected business leader, counsel, and public servant.”
”Jay is going to be a strong Fighter for the Truth as we, Make America Great Again,” Trump said.
Source: Donald Trump
Clayton served as SEC Chair between May 4, 2017 until Dec. 23, 2020.
He was nominated as SEC Chair by Trump during his first stint in presidency.
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Trump will be inaugurated as the 47th US President on Jan. 20.
Clayton will be replacing Damian Williams as Attorney for the Southern District of New York, who has brought dozens of cases against crypto criminals for committing wire fraud and money laundering.
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This is a developing story, and further information will be added as it becomes available.