05.02.17

Leader McConnell on SEC Chairman Nominee, Jay Clayton

‘His extensive work in the private sector will serve him well as he looks to strengthen our financial markets, thereby supporting American businesses, boosting job creation, and spurring economic growth.’

WASHINGTON, D.C. –U.S. Senate Majority Leader Mitch McConnell (R-KY) made the following remarks today on the Senate floor regarding President Trump’s nominee for Chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton:

“Senators voted on a bipartisan basis yesterday to advance Jay Clayton’s nomination to the U.S. Securities and Exchange Commission (SEC), and soon we’ll take another vote, to confirm him.

“As Chairman Crapo noted at Clayton’s confirmation hearing, this nominee has an impressive background. His extensive work in the private sector will serve him well as he looks to strengthen our financial markets, thereby supporting American businesses, boosting job creation, and spurring economic growth. I appreciate Mr. Clayton’s willingness to take on this important task as well as his vision — which he outlined at his hearing — to promote fair and transparent practices at the SEC.

“I look forward to his confirmation and his leadership at this agency.”

Related Issues: Economy, Nominations