【Wall Street 'top cop' announces resignation, making way for Trump to regulate】A Golden Finance report states that Damian Williams, the U.S. Manhattan District Attorney, announced plans to resign on December 13, with his deputy Edward Kim temporarily taking over other duties. After being elected President of the United States on November 5, Trump announced he would nominate former SEC Chairman Jay Clayton to manage the Manhattan District Attorney's Office. The Southern District of New York is renowned for its independent status and has handled many high-profile financial fraud cases. During Williams' tenure, he successfully prosecuted SBF, the founder of the former cryptocurrency exchange FTX, and Bill Hwang, the founder of the family office Archegos.