Trump nominates Wall Street lawyer Jay Clayton to head SEC

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  • 7 years ago
President-elect Donald Trump announced Wall Street lawyer Jay Clayton as his pick for leading the Securities and Exchange Commission. Trump explained that Clayton's background will promote job growth while still providing strong oversight. "We need to undo many regulations which have stifled investment in American businesses, and restore oversight of the financial industry in a way that does not harm American workers," Trump said in a statement.

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