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  • The Atlantic

    Trump Picks Jay Clayton to Head the SEC

    The president-elect has confirmed his intent to nominate the top Wall Street lawyer for the position.
    by Bourree Lam Jan 04, 2017 2 minutes
    Source: Jonathan Ernst / Reuters

    On Wednesday, Trump’s transition team confirmed that the president-elect will nominate Jay Clayton to be chairman of the Securities and Exchange Commission (SEC). In recent days, Clayton, a Wall Street lawyer, had emerged as the frontrunner, ahead of other rumored considerations including Debra Wong Yang, a former U.S. Attorney,

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