On April 18, US President Trump posted on Truth Social on Wednesday that New York State Senator and Democratic Minority Leader Chuck Schumer blocked Jay Clayton's nomination, leaving Clayton currently in a temporary position. Therefore, the former chairperson of the US SEC will have to wait longer to officially become the US Attorney for the Southern District of New York (SDNY). Since the US Attorney's Office for the Southern District of New York (SDNY), the federal trial court, often hears major corporate criminal cases, the federal prosecutor position has attracted much attention.
"I'm very bullish on the technology," Clayton told CNBC in a 2021 interview. Some cryptocurrency experts have praised him for being more enlightened than his successor, Gary Gensler. However, Clayton lacks prosecutorial experience, and Schumer claims the only reason Trump nominated the former regulator for the important post was to advance the president's sinister plot to eventually pursue and prosecute his political opponents. Trump hit back at Truth Social, praising Clayton's credentials and experience and accusing Schumer of partisan politics.
Former SEC Chairperson Jay Clayton will assume an interim position as U.S. Attorney for the Southern District of New York
2025-04-18 00:35:48
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