The Finance 202: Jay Clayton Faces A Rocky Road From SEC Chair To Manhattan U.S. Attorney

But he was thrust into a firestorm with the revelation President Trump wants him to serve as the U.S. attorney for the Southern District of New York. The man who had been in that post, Geoffrey Berman, had no intention of going quietly when Attorney General William P. Barr tried to fire him Friday night, setting up a high-stakes standoff within the Justice Department…