Securities and Exchange Commission Chairman Jay Clayton might be in for the fight of his life to secure the nomination to become the next United States Attorney for the Southern District of New York.
Clayton, who has provided a steady hand at the SEC for the past three years, reportedly made overtures to the Trump administration that he would like to return home to Manhattan and become the federal prosecutor that handles more securities and financial fraud related crimes than any other. He got part of his wish when President Donald Trump nominated him.
