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Eugene

(61,823 posts)
Tue Apr 4, 2017, 09:12 AM Apr 2017

Prior to his SEC nomination, Clayton communicated with SEC contractor

Source: Reuters

POLITICS | Tue Apr 4, 2017 | 7:18am EDT

Prior to his SEC nomination, Clayton communicated with SEC contractor

By Sarah N. Lynch | WASHINGTON

Before Wall Street attorney Jay Clayton was nominated to be head of the U.S. Securities and Exchange Commission, he communicated with more than a half dozen of President Donald Trump's transition representatives, including one whose company has a multi-million-dollar contract with the SEC, according to documents seen by Reuters.

Among those whom Clayton was in touch with was Peter Thiel, a Trump donor and Silicon Valley entrepreneur who co-founded Palantir Technologies, which has a contract with the SEC that Clayton may one day have to review, according to written answers from Clayton in response to questions from the Senate Banking Committee's top Democrat, Sherrod Brown.

Clayton's responses followed his confirmation hearing before the committee on March 23.

Clayton wrote that he communicated on a "substantive basis" with current members of the Trump administration and other former transition officials including Thiel.

He did not elaborate about the nature of the communications.

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Read more: http://www.reuters.com/article/us-usa-sec-palantir-idUSKBN17604J
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