Politics Trump nominates Jay Clayton chairman of the SEC -statement

18:16  04 january  2017
18:16  04 january  2017 Source:   Reuters

Trump nominates new trade representative

  Trump nominates new trade representative President-elect Donald Trump, who made criticism of foreign trade deals a major theme of his presidential campaign, said Tuesday he has nominated former Reagan administration official Robert Lighthizer to be his new U.S. trade representative. Lighthizer "has extensive experience striking agreements that protect some of the most important sectors of our economy, and has repeatedly fought in the private sector to prevent bad deals from hurting Americans," Trump said in a statement. "He will do an amazing job helping turn around the failed trade policies which have robbed so many Americans of prosperity.

President-elect Donald Trump ’s pick for the chairman of the Securities and Exchange Commission ( SEC ) could be another Wall Street face — lawyer Jay Clayton — reports said Tuesday, with the announcement expected to come as soon as Wednesday.

President-elect Donald Trump is considering nominating Sullivan Cromwell partner Jay Clayton to run the Securities and Exchange Commission , potentially positioning a top lawyer to banks and hedge funds to lead Wall Street's main regulator

Donald Trump, president and chief executive officer of Trump Organization Inc., speaks during the Iowa Freedom Summit in Des Moines, Iowa, Jan. 24, 2015. © Daniel Acker/Getty Images Donald Trump, president and chief executive officer of Trump Organization Inc., speaks during the Iowa Freedom Summit in Des Moines, Iowa, Jan. 24, 2015.

WASHINGTON, Jan 4 (Reuters) - President-elect Donald Trump said on Wednesday he intends to nominate Jay Clayton, a partner with law firm Sullivan & Cromwell LLP, as chairman of the Securities and Exchange Commission. 

"Jay Clayton is a highly talented expert on many aspects of financial and regulatory law, and he will ensure our financial institutions can thrive and create jobs while playing by the rules at the same time," Trump in a statement. "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."

In Historic Move, Sen. Booker to Testify Against Sessions .
Booker's office said the Senate historian was unable to find any previous instance of a sitting senator's testifying against a fellow sitting senator.Booker's office said Monday that the Senate historian had been unable to find any previous instance of a sitting senator's testifying against a fellow sitting senator nominated for a Cabinet position.

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