President-elect Donald Trump on Thursday announced his intent to nominate former U.S. Securities and Exchange Commission Chair Jay Clayton as the next head of the U.S. Attorney’s Office for the Southern District of New York.

President-elect Donald Trump is tapping former regulator Jay Clayton to be US Attorney for Manhattan and two of his own criminal defense attorneys for powerful positions in the Justice Department, fleshing out his top picks to reshape American law enforcement.

Republican President-elect Donald Trump nominated former U.S. Securities and Exchange Commission Chairman Jay Clayton to serve as Manhattan's top federal prosecutor on Thursday. Clayton, an attorney at Sullivan & Cromwell who specializes in mergers and capital-raising,