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Trump appoints Roysman as acting SEC chairman



President TrumpDonald Trump’s New York Post editorial board called on President Trump to start considering Georgia’s runoff rather than overthrowing the election of Loeffler. Perdue praised Trump for signing after being uncertain about signing Trump’s .3T relief bill The COVID-19 Relief Act, more The agency announced on Monday the appointment of Elad Roisman, acting chairman of the US Securities and Exchange Commission (SEC).

Roisman is a Republican, nominated by Trump, and confirmed to the SEC in 201

8 after serving as the chief GOP chief counsel of the Senate Banking Committee. He succeeded Jay Clayton, the former chairman appointed by Trump, and has been leading the investment regulator since May 2017.

Clayton’s (SEC) term expires in 2021, and he stated in November that he will resign at the end of 2020. A few months after Trump nominated Clayton to replace Gefrey Berman, a former U.S. attorney in the Southern District of New York, he announced his resignation.

Clayton tried to remain in the Trump administration after returning to New York, but his lack of prosecutorial experience and controversy over Berman’s shooting derailed his nomination. Before joining the SEC, he was a partner of Sullivan & Cromwell Law Firm, specializing in Wall Street mergers, acquisitions and stock offerings.

Roisman (Roisman) will lead the United States Securities and Exchange Commission (SEC) divided by party, with Republican Commissioner Hester Peirce and Democratic Commissioner Allison Lee and Caroline Caroline Crenshaw works together. All of these were nominated by Trump to the US Securities and Exchange Commission (SEC), and the law prohibits any political party from having more than three members.

Clayton’s departure also gave the president-elect Biden the opening to install new members of the SEC Democratic Party. The term of office of SEC members is fixed, but the president can nominate any member to serve as chairman. Biden can nominate Lee or Crenshaw as chairman of the SEC, or another Democrat to replace Clayton and serve as chairman.




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