Trump Taps Ex-SEC Chair Jay Clayton for Manhattan U.S. Attorney Role

President-elect Donald Trump has nominated Jay Clayton, former SEC Chair, to be the US Attorney for Manhattan, a role known for handling high-profile financial fraud cases. This marks a shift to criminal law for Clayton, who has been involved with Apollo Global Management and Sullivan & Cromwell since leaving the SEC. Trump's administration has emphasized a focus on immigration and violent crimes, and Clayton's appointment aligns with these priorities. The Manhattan office, known for its independence, has recently prosecuted significant cases like those involving FTX and Archegos Capital Management.