WASHINGTON
Trump eyes lawyer for SEC
President-elect Donald Trump on Wednesday chose a Wall Street attorney with experience in corporate mergers and public stock launches as his nominee to head the Securities and Exchange Commission. Trump announced his nomination of Jay Clayton, a partner in the law firm Sullivan and Cromwell, as chairman of the independent agency that oversees Wall Street and the financial markets. If confirmed by the Senate, his responsibilities will include enforcing the scores of rules already written by the agency under the 2010 law that reshaped financial regulation after the 2008-09 crisis.
Biden plans college deals
Vice President Joe Biden is developing a partnership with the University of Delaware that will focus on economic and domestic policy, a Biden aide said Wednesday, rounding out the vice president’s plans for after he leaves the White House. In addition to working with the Delaware school, Biden’s alma mater, he also plans an affiliation with the University of Pennsylvania. The Ivy League school in the state of his birth will house Biden’s activities on foreign policy and global engagement initiatives, said the aide, who requested anonymity because the partnership hasn’t yet been publicly announced.
ATLANTIC CITY, N.J.
Mayor urges sale of casino
The mayor is calling on billionaire investor Carl Icahn to sell the shuttered Trump Taj Mahal casino on the Boardwalk. Republican Don Guardian said Wednesday that allowing the casino to stay vacant is “the worst of the worst.” Icahn closed the property Oct. 10 after a bruising strike by the city’s main casino workers’ union. Icahn replied he’d be happy to sell the casino to the mayor — if he ponied up the $300 million Icahn says he has lost on it.
DORMONT, Pa.
Baby arrives at dealership
There was another type of quick change Monday for a pregnant woman who was waiting for the oil in her husband’s pickup to be changed at an auto dealership. Amanda Sherman, 24, gave birth when she went to the restroom at Cochran Nissan of South Hills in suburban Pittsburgh. On Wednesday, Sherman and 7-pound, 2-ounce Heather Lynn were discharged from a hospital. “I went to pee and then, I don’t know, I was all of the sudden holding her,” Sherman said. A fellow customer who was a nurse and her husband came in to help before an ambulance arrived.
Compiled from wire reports.