Corporate lawyer, Jay Clayton, named to the Securities and Exchange Commission (SEC) was near to landing his dream job when he became embroiled in a huge political fight where Geoffrey S. Berman, the current United States attorney for the Southern District of New York was fired.
- What was the controversy explained in the article?
- Why was Clayton considered to be the classic Republican pick by the Trump administration for Berman’s job?
- What types of actions has Clayton taken in the SEC?
- For you, what was the most interesting point in this article?
Goldstein, M. and B. Protess. (2020). Jay Clayton, Low-Profile Regulator, Is Catapulted Into a Political Fight. The New York Times, June 20 (Retrievable online at https://www.nytimes.com/2020/06/20/business/jay-clayton-sdny-sec.html).