The Senate on Tuesday confirmed Jay Clayton to be chairman of the SEC, infusing the stock market regulator with new leadership that will likely back away from strict enforcement on Wall Street.
In a 61-37 vote, eight Senate Democrats and independent Angus King of Maine joined with Republicans to confirm Clayton, despite Sen. Elizabeth Warren’s pleas to her colleagues to oppose him.
via Senate confirms Trump’s pick to lead SEC, signaling new era – POLITICO
