Business

Trump nominates Columbia law professor, former Treasury aide to SEC

President Trump plans to nominate Robert Jackson Jr., a Columbia Law School professor and former Treasury Department adviser to serve on the Securities and Exchange Commission (SEC), the White House announced Friday.

Jackson served as a special assistant to the Treasury Department during the 2008 financial crisis, focusing on executive compensation caps mandated by the Troubled Asset Relief Program (TARP).

He had previously worked in the executive compensation practice at law firm Wachtell, Lipton, Rosen and Katz, which handles the intricate, lucrative ways top corporate leaders get paid.

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Jackson joined Columbia Law in 2010, and has published numerous studies on the effects of corporate disclosure requirements and practices, business executive payment and incentives at banks. He’s also written in support of rules to give a company’s shareholders some power to shape the business’ political donations.

If confirmed, Jackson would fill one of two remaining SEC vacancies. SEC Chairman Jay Clayton, Trump’s first nominee, was confirmed in May.