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JudyM

(29,263 posts)
Wed Mar 8, 2017, 01:13 PM Mar 2017

SEC nominee Clayton is set for a Senate confirmation hearing - here's info to call your senators to

urge them to vote against:

202/224-3121 Senate switchboard

"Jay Clayton, who Donald Trump has nominated for chairman of the Securities and Exchange Commission, has spent his career as a Wall Street insider lobbying for Goldman Sachs and Barclays. Now he’s in line to police the same banks whose greed and recklessness led us to the 2008 global economic meltdown, the worst financial disaster since the Great Depression....

Clayton’s ties to Wall Street are deep. His law firm specializes in protecting Wall Street banks, and during the financial crisis he worked as a bailout attorney for Goldman Sachs, where his wife works today as a partner. The SEC chair is supposed to referee Wall Street banks, but Clayton has spent his entire career protecting their interests - and more than half of his family income currently comes from one of them. How can he be trusted to suddenly switch sides and put working Americans first?"

Here's an earlier piece on him in Rolling Stone: http://www.rollingstone.com/politics/features/trump-pick-jay-clayton-to-be-most-conflicted-sec-chair-ever-w459289

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