Bloomberg Law
Jan. 4, 2017, 1:39 PM UTC

Wake Up Call: Trump Said to Consider Top Deal Lawyer to Run SEC

• Facing public blowback over their vote to defang an independent ethics body, including critical tweets from Trump himself, House Republicans abandoned the measure. ( New York Times ) Inside the GOP debacle. ( Politico )

• Trump is said to be considering nominating Sullivan & Cromwell partner Jay Clayton to run the Securities and Exchange Commission, potentially positioning a top lawyer to banks and hedge funds to lead Wall Street’s main regulator. ( Bloomberg )

• It’s a done deal. National law firm Baker Donelson and Baltimore-based Ober Kaler have combined under the Baker Donelson name, with more than 800 attorneys across 25 offices ...

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