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Trump's Appointee Clayton: Corporate Lawyer Tackles Insider Trading

11/18/2025

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Story summary
  • Federal judges appointed Clayton as U.S. attorney for the Southern District of New York in August after a 120-day Trump appointment.
  • President Donald Trump initially intended to appoint Clayton but chose another candidate.
  • Clayton is a corporate lawyer and former chair of the Securities and Exchange Commission.
  • He initiated significant insider trading cases.
  • His wife resigned from Goldman Sachs upon his appointment, a rare ethical move in Trump's administration.