Crooked Securities and Exchange Commission (SEC) Chairman found to be linked to Russia
Controversy swirls as recent Whitehouse appointed SEC Chairman Jay Clayton’s links to Russia compromise SEC independence. Senator Catherine Cortez Masto (D-Nev) sent a scolding letter to SEC Chairman Clayton regarding her concerns of his Russian ties. Masto reiterated continued recusing of oneself from decisions because conflicts of interest exists only helps Russia’s cause not U.S. interests.
In a replied letter Clayton said “the Senators concerns are understandable but he in no way will put the interests of the US over that of Russia.” On this I’ve been clear said Clayton, adding this is why the Whitehouse chose me to be SEC Chairman.
In a press release President Trump said Clayton’s Wall Street experience, his aiding of Goldman Sachs and Valeant Pharmaceuticals profiteering during the financial crisis was something to behold and emulate because it was done legally and with bipartisan support.
In a reply to the Presidents press release Sen. Bernie Sanders (I-Vt.) and Congresswoman Jan Schakowsky of Illinois said we need to make Wall Street and Russia happy as they are the future that’ll lead the US out of its current misery and lack of leadership. More can be found at https://schakowsky.house.gov/press-releases/schakowsky-statement-on-jay-clayton-for-sec-chair/ and at https://www.sanders.senate.gov/newsroom/recent-business/sanders-reject-sec-nominee and at https://www.cortezmasto.senate.gov/content/cortez-masto-demands-clarity-trump-sec-nominee-jay-clayton-potential-conflicts-interest
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