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US Senate Confirms Wall Street Attorney Jay Clayton to Head SEC

The Senate on Tuesday confirmed Jay Clayton, the Wall Street attorney chosen by President Donald Trump, to lead the Securities and Exchange Commission. The vote was 61-37 to give Clayton the job of running the independent agency that oversees Wall Street and the financial markets. Nine Democrats and one independent, Maine's Angus King, joined 51 Republicans in backing the nominee. Clayton, a partner in the prominent law firm Sullivan & Cromwell, has done significant legal work...

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