Mr. President, I rise today in support of Mr. Jay Clayton, who has been nominated to serve on the U.S. Securities and Exchange Commission. On January 4, 2017, then President-elect Trump announced his intention to nominate Jay Clayton to be the next chairman of the SEC. He noted that ``Jay Clayton is a highly talented expert on many aspects of financial and regulatory law, and he will ensure our financial institutions can thrive and create jobs while playing by the rules.'' This sentiment was proven by Mr. Clayton's testimony and interactions during his nomination hearing. In fact, he passed out of the Banking Committee by a vote of 15-to-8, with bipartisan support. Mr. Clayton is a highly regarded and exceptionally qualified candidate. As a partner at a prominent law firm, he built a reputation as a highly skilled financial markets expert, representing clients of all types and sizes, both domestically and internationally. He has also invested in a younger generation of lawyers, passing on his knowledge as an adjunct professor at the University of Pennsylvania. Throughout the nomination process, Mr. Clayton has proved his dedication to unbiased and fair conduct. Mr. Clayton's comments, experience, and actions provide me with confidence that he will lead the SEC with the highest integrity and effectiveness. The SEC has an important three-part mission: to protect investors, maintain fair, orderly, and efficient markets, and to facilitate capital formation.…
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