Senate Committee Set to Vote on SEC Nominee Clayton

By Rob Tricchinelli and Andrew Ramonas, Bloomberg BNA

President Donald Trump’s pick to lead the SEC, corporate lawyer Jay Clayton, is scheduled for an April 4 vote by the Senate Banking Committee.

Clayton is expected to be approved by the committee, even though committee Democrats have been silent on whether they will support his nomination.

Confirmation by the full Senate is also likely but probably won’t happen until the end of April at the earliest. The Senate has targeted April 7 as its confirmation date for U.S. Supreme Court justice nominee Neil Gorsuch, after which it has a two-week ...