Trump picks Wall Street ‘top cop’ as US spy chief after Pulte backlash

US President Donald Trump said he is nominating Jay Clayton to be the next director of national intelligence, following backlash over his selection of housing regulator Bill Pulte to serve in the role on an acting basis. Clayton, the top federal prosecutor in Manhattan, was chairman of the Securities and Exchange Commission during Trump’s first term. “I encourage the United States Senate to confirm Jay as soon as possible,” Trump said on social media. Clayton, as US attorney for the Southern District of New York, heads the nation’s most prominent federal prosecutors’ office. Its jurisdiction includes Manhattan, making Clayton the de facto sheriff of Wall Street, with the office handling many of the most high-profile cases involving the financial industry. Senate Majority Leader John Thune on Thursday expressed confidence that Clayton could be approved by the Senate quickly, pointing out that he had been through the confirmation process for other posts. “My assumption is, at least, that if we can get the nomination of the paperwork here, we can move fairly quickly,” he said. Clayton “will remain US attorney through confirmation,” Nicholas Biase, a spokesman for the Southern District office, said in a statement. The White House sent Clayton’s nomination to the Senate on Thursday. Trump stunned Washington earlier this month when he selected Pulte – a loyalist who has used his perch as director of the Federal Housing Finance Agency to launch investigations into perceived political adversaries of the president – to take over as acting spy chief and replace outgoing DNI Tulsi Gabbard. Pulte lacked any military or intelligence experience for a role that would have him overseeing the nation’s myriad spy agencies – and his selection drew objections from both parties. Even as Trump stressed that Pulte was only a short-term pick for the slot, top Senate Republicans urged the president to quickly find a permanent spy chief, expressing concern that failing to do so could endanger efforts to renew Section 702 of the Foreign Intelligence Surveillance Act, which allows US intelligence agencies to collect foreign nationals’ communications overseas. As late as Wednesday, Trump was praising Pulte, whose start date he moved up from June 30 to June 19. The president had sought to allay concerns by vowing in a social media post to nominate a permanent DNI “with national security experience” as he pushed for a short-term extension of the spy powers measure. Democrats threatened to withhold their votes to extend the FISA provision before its slated expiration on Friday if Pulte’s appointment went forward. The president has asked Congress to temporarily extend the expiring surveillance powers while he searched for a permanent pick. The surveillance authority was slated to lapse after the House failed to pass a three-week extension on a 198 to 218 vote Thursday and departed for a 12-day recess, hours before Trump announced Clayton. Clayton has not served in the intelligence community but has a record in public service that was likely to assuage some lawmakers who questioned Pulte’s qualifications for the role. After his stint overseeing the SEC ended, Clayton served as Apollo Global Management Inc’s independent chair while returning to New York-based law firm Sullivan & Cromwell as a senior adviser. Clayton took over the US attorney’s office after a tumultuous period that saw veteran prosecutors there pitted against Justice Department officials in Washington over the corruption case against then-New York City mayor Eric Adams. When Trump nominated him for the position, he faced pushback from New York Senator Chuck Schumer, who could have blocked his confirmation. Clayton was appointed interim US attorney. The long-time corporate lawyer went into the office with an agenda to focus on violent crime, including human trafficking and gun crime, and policing financial markets. Under Clayton’s leadership, his office has brought cases against former Venezuela president Nicolas Maduro and the founders of First Brands and Tricolor. Clayton has maintained close ties with the president, a relationship partly forged on the golf course. He has only been US attorney for a little over a year. Many attorneys stay for the full presidential term of four years, if not longer. Gabbard has said she was leaving her post to help her husband as he confronts a bone-cancer diagnosis. It remains unclear if Clayton’s selection would help Trump secure a quick extension of the spy powers authorisation. Schumer, the Senate’s top Democrat, told reporters that his caucus would continue to block any extension of US surveillance powers so long as Pulte was still set to become acting spy chief on June 19. “It doesn’t matter what else they do. Pulte’s gotta be gone,” Schumer told reporters Thursday. He declined to offer an opinion about Clayton when pressed. Republicans lack the votes to extend it on their own, and Senate Intelligence Committee leaders have worked for months to secure a bipartisan deal for a long-term extension of the controversial programme. Privacy advocates say the powers facilitate warrantless surveillance of Americans in contact with foreigners.

Trump picks Wall Street ‘top cop’ as US spy chief after Pulte backlash

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Jay Clayton eyed for permanent role – and like the US president’s previous pick – lacks intelligence background

Jay Clayton eyed for permanent role – and like the US president’s previous pick – lacks intelligence background