President-elect Donald Trump announced Thursday that he is nominating Jay Clayton to serve as U.S. Attorney for the Southern District of New York, a position traditionally known as the “sheriff of Wall Street.”
Mr. Clayton served as the chairman of the Securities and Exchange Commission during Mr. Trump’s first administration. Since leaving the government, Mr. Clayton served as Apollo Global Management Inc’s independent chair and worked as a senior advisor at the New York law firm Sullivan & Cromwell.
In a statement, Mr. Trump said his former SEC chairman is 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,” Mr. Trump said.
The U.S. Attorney’s Office for the Southern District of New York handles many high-profile cases, including financial fraud, organized crime and public corruption. It also has jurisdiction over New York’s financial companies on Wall Street.
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