Democrats zero in on Trump SEC pick’s conflicts of interest

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Democrats skeptical of President Trump’s nominee to head the Securities and Exchange Commission zeroed in on his ties to banks at his nomination hearing Thursday, saying that he would have to recuse himself from cases so often that he couldn’t enforce the law.

“If President Trump wanted to make sure that the SEC would have a hard time in going after his Wall Street friends, it seems to me you would be the perfect SEC chair,” Sen. Elizabeth Warren, D-Mass., told Jay Clayton.

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