On April 18, U.S. President Trump posted on Truth Social on Wednesday that New York Senator Chuck Schumer blocked Jay Clayton's nomination, leaving Clayton in a temporary position. Therefore, the former chairman of the U.S. SEC will have to wait longer to officially become the federal prosecutor for the Southern District of New York (SDNY). Because the Federal Prosecutor's Office for the Southern District of New York (SDNY), a federal trial court, often hears major corporate criminal cases, the position of federal prosecutor has attracted much attention. Clayton said in an interview with CNBC in 2021:"I am very optimistic about this technology." Some cryptocurrency experts praised him for being more enlightened than his successor, Gary Gensler. However, Clayton lacks prosecutorial experience, and Schumer claims the only reason Trump nominated the former regulator to the important position was to advance the president's sinister plot to ultimately pursue and prosecute his political opponents. Trump hit back on Truth Social, praising Clayton's qualifications and experience and accusing Schumer of engaging in partisan politics.