Trump’s Pick for Wall Street Prosecutor Will Keep Apollo Stock

March 28, 2025, 8:41 PM UTC

President Donald Trump’s pick to police Wall Street’s financial crimes plans to hang onto holdings in Apollo Global Management, American Express and a digital asset platform, according to documents released Friday by the Office of Government Ethics.

Jay Clayton, the Sullivan & Cromwell lawyer Trump selected to serve as US Attorney for the Southern District of New York, disclosed his assets, clients and financial stakes in the documents. Clayton, 58, joined Apollo’s board in 2021 following co-founder Leon Black’s decision to step down as CEO as he faced scrutiny over his ties to convicted sex offender ...

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