Former Securities and Stock Exchange Chairman, Jay Clayton, the oath of the constitution as a temporary lawyer for the United States in Manhattan

Jay Clayton, a former Emirati Speaker, confirmed that he was appointed as a temporary lawyer for the United States in the southern province of New York after the Senate leader used the Democratic Party “Zarqa” to prevent a vote confirming the position of Clayton.

The appointment comes more than five months after US President Donald Trump Clayton’s nomination to take on this role. The Damian Williams, who has played a major role in condemning the former FTX CEO Sam Banglan Farid and other prominent encryption cases.

Clayton He said On April 22, his higher priorities will be to protect public safety, ensure the safety of the American financial system, and to defend national security and combat fraud, especially against the elderly and the most vulnerable.

The temporary nature of the appointment of Clayton Produce From the use of a minority leader in the Democratic Senate Chuck Schumer, a blue slippage to prevent Clayton from April 16, which effectively prevents the Senate voting and the official assertion of his position.

Senate members can use blue slips to prevent the American lawyer or judicial candidates in the provincial court in their motherlands.

Clayton is allowed to work as a temporary lawyer for the United States for up to 120 days without asserting the Senate. After that, he will need to agree to the Senate vote or receive a temporary extension of its temporary situation from the Federal Court of Manhattan.

Trump criticize Shomer moved in a social publication on April 17, noting that Clayton received support from the two parties in the Senate and that Clayton complied with all the requests required of him.

The temporary situation of Clayton’s position will continue until August 20. The role will be seen as the best law enforcement official in the southern province in New York, and includes New York, Bronx, Lostster, Jogle, Putnam, Orange, Dutchess and Sullivan.

The southern boycott in New York is the oldest federal court in the United States, and its location at the country’s financial skis center means that it often deals with prominent issues involved in the crime of white collars.

Clayton mostly shared positive views on encryption

Clayton, as President of SEC, occupied between May 4, 2017 and December 23, 2020, and brought 56 ​​cases against encryption companies during his term.

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He stated in an interview with CNBC in December 2021 as a “huge believer in encryption technology”, adding that “the benefits of efficiency in the financial system and other great symbols.”

Clayton also praised Bitcoin (BTC) as a prominent store of value, but he did not allow the products circulating in Bitcoin exchange during his period as a SEC.

The first Bitcoin investment product was approved in 2021 under the former SEC president Gary Gensler.

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