Former President Trump announced Thursday that Jay Clayton, former chairman of the Securities and Exchange Commission (SEC), will serve as U.S. Attorney for the Southern District of New York.

The role is considered by legal experts to be one of the most powerful positions in the Justice Department.

"Jay is a highly respected business leader, counsel, and public servant," Trump wrote on Truth Social, listing off Clayton's educational and professional accolades.

"Jay is going to be a strong Fighter for the Truth as we, Make America Great Again," he said.

A registered independent, Clayton began leading the SEC in May 2017, following........

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