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08

Trump SEC Pick Made Millions Representing Banks and Hedge Funds

By Tony Seruga

Jay Clayton’s clients include Goldman Sachs, Pershing Square
He’s earned $7.62 million at law firm since 2015, form shows

President Donald Trump’s pick to lead the Securities and Exchange Commission has earned $7.62 million since 2015 representing some of Wall Street’s biggest firms, including Goldman Sachs Group Inc. and Bill Ackman’s Pershing Square Capital Management, according to a federal disclosure form.

Jay Clayton, the Sullivan & Cromwell partner tapped by Trump, outlined his clients — and his potential conflicts — in a filing to the U.S. Office of Government Ethics that he signed in January. The breadth of Clayton’s legal work is likely to provide fodder for Democratic lawmakers, who have already criticized the SEC chairman nominee over his ties to the financial industry…

Trump SEC Pick Made Millions Representing Banks and Hedge Funds

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