Senate Banking panel votes in favor of Clayton's SEC nomination

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/21/2026

1. WMT
2. ROST
3. AAP
4. NVDA
5. SPY
6. AVGO
7. SPCX
8. OSIS
9. BJ
10. DE

April 4, 2017 10:27 AM EDT

Jay Clayton is sworn in to testify at a Senate Banking, Housing and Urban Affairs Committee hearing on his nomination of to be chairman of the Securities and Exchange Commission (SEC) on Capitol Hill in Washington, U.S. March 23, 2017. REUTERS/Jonathan E

By Sarah N. Lynch

WASHINGTON (Reuters) - The U.S. Senate Banking Committee voted on Tuesday to advance Jay Clayton's nomination as the next head of the U.S. Securities and Exchange Commission to the full Senate for approval.

The committee voted 15 to 8, with some Democrats including Massachusetts Senator Elizabeth Warren and Sherrod Brown of Ohio voting against him amid concerns about his close ties to Wall Street through his career as a deal-making attorney for the law firm Sullivan & Cromwell.

(Reporting by Sarah N. Lynch; Editing by Chizu Nomiyama)


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Elizabeth Warren