By Rob Tricchinelli, Bloomberg BNA
The Senate Banking Committee April 4 approved the nomination of corporate lawyer Jay Clayton to lead the SEC, over the objection of some Democrats.
The committee vote was 15-8, with all but three Democrats opposed—Sens. Jon Tester (Mont.), Mark Warner (Va.) and Heidi Heitkamp (N.D.).
The nomination now heads to the floor, where it likely won’t be taken up until the end of April at the earliest.
The Senate is considering U.S. Supreme Court nominee Neil Gorsuch this week and then is out of session for the next two weeks.
Deal Lawyer.
Clayton is a ...
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