Rounds Statement on Meeting with Jay Clayton
Clayton is nominee to Chair Securities and Exchange Commission
WASHINGTON – U.S. Sen. Mike Rounds (R-S.D.), a member of the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement after his meeting with Walter J. “Jay” Clayton, whom President Trump has nominated to be Chairman of the Securities and Exchange Commission (SEC).
“I thank Mr. Clayton for meeting with me today to discuss a number of issues, including the need to protect the markets against damaging cyber threats and reducing the regulatory burden at the SEC,” said Rounds. “We had an enlightening conversation and it is clear that Mr. Clayton understands the important role the SEC has in maintaining strong markets while also protecting investors.”
Rounds is a member of the Senate Banking Committee, which has jurisdiction over Mr. Clayton’s confirmation. His confirmation hearing has not yet been scheduled.
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