Trump Taps Wall Street ‘Adult in the Room’ to Quell DC Uproar

In Donald Trump’s chaotic second term, Jay Clayton is emerging as one of the few people the president turns to when he’s in a pickle.

Clayton is set to go from Wall Street power lawyer to top prosecutor and now a spy-master as Trump’s new pick for director of national intelligence. The president is trying to end the furor sparked by his attempt to install housing regulator and loyalist Bill Pulte to that role overseeing US intelligence agencies.

“He’s an adult in the room,” said Rich Farley, a prominent corporate lawyer. “Jay Clayton is Trump’s Michael Clayton,” he ...