NCUA Chairman Hood’s Statement on Jay Clayton’s Departure from the SEC

ALEXANDRIA, Va. (Nov. 18, 2020) – National Credit Union Administration Chairman Rodney E. Hood issued the following statement today commending Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, who announced his intention to depart at the end of the year.

“Working alongside Chairman Clayton on the Financial Stability Oversight Council, I saw firsthand the professionalism and business acumen that has defined his success at the SEC and throughout his career. We shared a passion for public service and in promoting diversity, inclusion, and opportunity within our agencies and in the broader financial services sector. With sincerest appreciation for his friendship and public service, I wish him all the best in his future endeavors.”