TOWS Statement: Wall Street Watchdogs Blast Banking Committee for approving Clayton to Head SEC

"Jay Clayton’s entire career of representing major Wall Street banks, advancing their interests at the expense of the public, helping them avoid accountability, stands in contradiction to the very mission of the agency he has been nominated to lead... Those who voted in favor of his appointment -- both Democrats and Republicans --will have some explaining to do to constituents who are sick and tired of letting Wall Street continue rig the economy so all of the gains go to those at the very top.”

Take on Wall Street Statement: Jay Clayton hearing further demonstrates he is the wrong man to lead the SEC

Jay Clayton's performance in the SEC confirmation hearing makes it abundantly clear that after a career of helping Wall Street banks avoid accountability, he is uniquely ill-suited to the job of protecting investors and working people from Wall Street misconduct.