Reported by Chris Prentice

Jay Clayton, President-elect Donald Trump’s pick for U.S. Attorney in Manhattan, said the office is well-positioned to focus on national security and combating terrorism financing and money laundering.

Trump nominated Clayton, former U.S. Securities and Exchange Commission Chairman, last week to be U.S. Attorney for the Southern District of New York. The office is known for tackling financial crime and an unusual degree of independence from the rest of the Justice Department.

“New York City is the hub for capital flows and communications, which makes that oversight at policing and prosecutorial function particularly important,” Clayton said at an event at the Japan Society in New York on Wednesday.

“It’s basically continuing to establish that we play by the rules of the road here in the U.S.”

Read full report: https://www.reuters.com/world/us/trump-pick-manhattans-top-federal-prosecutor-urges-focus-national-security-money-2024-11-20/