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Jay Clayton to stay in post as Wall Street’s top prosecutor

Manhattan judges say Donald Trump’s pick can continue as US attorney for Southern District of New York

Manhattan federal judges have allowed Jay Clayton to continue in his role as US attorney for the Southern District of New York, cementing Donald Trump’s pick in one of the US’s most important prosecutorial posts.

The district court on Monday said Clayton, the former chair of Apollo Global Management who headed the Securities and Exchange Commission during Trump’s first term, could stay in the post.

Their decision could allow Clayton to remain as Wall Street’s top prosecutor for the rest of Trump’s presidency. The former Sullivan & Cromwell partner was seen by many lawyers as an unusual choice for the role, because he has no previous prosecution experience.

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