According to Bitcoin.com, US President Trump posted on Truth Social on Wednesday that New York State Senator and Democratic minority leader Chuck Schumer blocked Jay Clayton's nomination, leaving Clayton in a temporary position. As a result, the former SEC chairman will have to wait longer to officially become the United States Attorney for the Southern District of New York (SDNY). Due to the frequent handling of major corporate criminal cases by the Southern District Prosecutor's Office (SDNY), a federal trial court, the position of federal prosecutor has attracted much attention. Clayton said in a CNBC interview in 2021, "I am very optimistic about this technology." Some cryptocurrency experts praised him as more open-minded than his successor Gary Gensler. However, Clayton lacked prosecutorial experience, and Schumer claimed that the only reason Trump nominated this former regulator for this important position was to advance the president's sinister conspiracy to ultimately pursue and prosecute his political opponents. Trump retaliated on Truth Social, praising Clayton's qualifications and experience, and accusing Schumer of partisan politics.
