🔵Former SEC Chairman Jay Clayton to Serve in Interim Role as U.S. Attorney for the Southern District of New York

DeThings reported on April 18th, according to [https://t.co/B7bzY2vhgG](https://t.co/B7bzY2vhgG), U.S. President Trump posted on Truth Social on Wednesday that New York Senator and Senate Democratic Leader Chuck Schumer blocked Jay Clayton's nomination, leaving Clayton in an interim position. Therefore, the former SEC Chairman will have to wait longer to officially become the U.S. Attorney for the Southern District of New York (SDNY). Because the SDNY often hears major corporate criminal cases, this U.S. Attorney position is highly sought after. In a 2021 interview with CNBC, Clayton said, "I am very optimistic about this technology." Some cryptocurrency experts have praised him as more open-minded than his successor, Gary Gensler. However, Clayton lacks prosecutorial experience, and Schumer claims that the only reason Trump nominated the former regulator for this important position was to advance the president's sinister plot to ultimately pursue and prosecute his political opponents. Trump fired back on Truth Social, praising Clayton's qualifications and experience and accusing Schumer of playing partisan politics.