March 28 (Reuters) - U.S. ethics disclosures made public
on Friday from some of President Donald Trump's top legal
nominees, including the lawyer to lead the U.S. attorney's
office in Manhattan, offered a glimpse at compensation at some
of the country's most prestigious law firms.
Jay Clayton of Sullivan & Cromwell, nominated as the U.S.
attorney for the Southern District of New York, reported
receiving more than $6.7 million from the law firm since the
start of 2024, according to his disclosure.
Clayton, a senior policy adviser at the firm and former
member of its management committee, said he provided legal
services to Coinbase, Barclays ( JJCTF ) and Goldman Sachs ( GS ), among other
clients.
Other financial disclosures showed attorney pay at law firms
Jones Day, Sidley Austin and Skadden, Arps, Slate, Meagher &
Flom.
Financial disclosures are mandatory ethics filings for many
high-level officials. The forms, which record compensation from
the prior calendar year to the date of the filing, can show
where lawyers or other officials might have a conflict based on
prior work, which could require them to step down from handling
a matter.
In other new disclosures, Brett Shumate of Jones Day, picked
to lead the U.S. Justice Department's civil division, reported
receiving $2.4 million from his firm. Shumate said he provided
legal services to clients including the U.S. Chamber of
Commerce, Republican National Committee, National Association of
Realtors and Bristol Myers Squibb ( BMY ).
Shumate at the helm of the DOJ's civil division would be
responsible for overseeing much of the defense of key Trump
administration policies in federal courts across the country.
Joseph Barloon of law firm Skadden, picked to serve as
deputy U.S. Trade Representative, disclosed $3.6 million in
partner compensation. Some of his clients included Exxon, PayPal ( PYPL )
and Whaleco, which operates the ecommerce platform Temu.
Sidley Austin's Brian Morrissey, nominated to serve as
general counsel to the Treasury Department, reported $857,000 on
his financial disclosure. Some of his clients included
Amazon.com ( AMZN ), AT&T ( T ) and Morgan Stanley ( MS ).
Clayton, Shumate, Barloon and Morrissey did not immediately
respond to requests for comment.
Clayton, who focuses on mergers and capital-raising at
Sullivan & Cromwell, previously was chair of the U.S. Securities
and Exchange Commission during the first Trump administration.
The Manhattan U.S. attorney's office has worked closely with the
SEC on financial crimes enforcement.
Barloon previously served as general counsel to the U.S.
trade representative, and Morrissey earlier in his career was
principal deputy general counsel to the Treasury Department.
The four nominations are pending before committees in the
U.S. Senate.
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