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Jay Clayton, who approved the Ripple lawsuit, has taken over the position overseeing U.S. intelligence agencies. After passing Senate confirmation, he has been confirmed as the 9th Director of National Intelligence of the United States.
According to crypto media outlet U.Today on July 29 (local time), the U.S. Senate passed the confirmation bill for Director of National Intelligence nominee Clayton with 51 votes in favor and 47 against. Republicans voted in favor, Democrats against, and two senators did not participate in the vote.
The Senate passed the motion to end debate with 51 votes in favor and 43 against, one day before the final confirmation. Clayton was criticized for lacking traditional intelligence experience during his Senate Intelligence Committee confirmation hearing. The Intelligence Committee had previously sent the nomination to the full Senate with 9 votes in favor and 8 against.
Clayton was nominated as SEC Chairman in 2017 and confirmed by the Senate with 61 votes in favor and 37 against. He led the SEC until 2020, when Donald Trump's first term as U.S. President ended. He then returned to private legal practice before being appointed U.S. Attorney for the Southern District of New York in 2025.
A prominent cryptocurrency case during Clayton's tenure was the Ripple Labs lawsuit. The SEC sued Ripple Labs, CEO Brad Garlinghouse, and Chairman Chris Larsen on December 22, 2020, just before the end of Clayton's term. The claim was that they offered $1.3 billion worth of unregistered securities through the sale of XRP.
Clayton left the SEC immediately after the lawsuit was filed, but the legal dispute continued under the successor chairman, Gary Gensler. Clayton was nominated as Director of National Intelligence in June 2026, following the resignation of Tulsi Gabbard, and will oversee the U.S. intelligence community after Senate confirmation.
[Article Key Summary]
-Jay Clayton, who approved the Ripple lawsuit, has been confirmed as the 9th U.S. Director of National Intelligence after Senate confirmation.
-The Senate confirmation bill passed with 51 votes in favor and 47 against, with Republicans and Democrats divided.
-The SEC filed a lawsuit against Ripple Labs and its executives for selling $1.3 billion worth of unregistered securities just before the end of Clayton's term.
*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*
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