Senate panel presses SEC nominee Clayton on conflicts

[laserhaas]

Source: Reuters

Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, on Thursday defended himself against Democrats' charges that multiple conflicts of interest would force him to miss too many SEC votes.

Clayton, a partner at elite law firm Sullivan & Cromwell, is expected to win confirmation easily, although some Democrats on the Senate Banking Committee raised concerns about his ties to Wall Street and Goldman Sachs, a bank he represented during the financial crisis and that employs his wife, Gretchen.

Throughout the hearing, Democrats including Sherrod Brown of Ohio and Elizabeth Warren of Massachusetts, repeatedly said Clayton's Wall Street relationships are a worry.

Read more: https://www.google.com/amp/mobile.reuters.com/article/amp/idUSKBN16U0DL

---

The article also stayed

Clayton’s potential recusals could be significant

And our eToys v Goldman Dachs case is one of them there "recusal" issues..

Link to tweet

Link to tweet

[laserhaas]

1. Senator Warren hit the nail on the proverbial head

Link to tweet