In Clayton’s private-sector career as a lawyer at Sullivan & Cromwell he worked extensively for Goldman, including a role advising the firm when it received a $5 billion investment from Warren Buffett that proved to be a crucial vote of confidence in it during the 2008 credit crisis.
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| Jay Clayton, SEC |
Clayton’s wife Gretchen Butler Clayton also worked for Goldman Sachs as a wealth adviser, although she announced her resignation from the bank after he was nominated by president Donald Trump last year to serve as head of the securities industry regulator.
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