Trump Appoints Former Apollo Executive Jay Clayton to Oversee Financial Regulation and Southern District of New York

President Trump has appointed Jay Clayton, a former executive at Apollo Global Management and ex-chairman of the Securities and Exchange Commission (SEC), to oversee financial regulation, including Wall Street oversight. Clayton, known for his role in guiding Apollo through challenges related to Jeffrey Epstein, is set to take on a pivotal position as the head of the Southern District of New York (SDNY) amid a politically charged environment. His appointment comes at a time when financial regulation is under scrutiny, positioning him as a key figure in American law enforcement.