PANews reported on April 18 that according to Bitcoin.com, US President Trump posted on Truth Social on Wednesday that New York State Senator and Democratic Minority Leader Chuck Schumer blocked Jay Clayton's nomination, causing Clayton to be in temporary office at present, so the former chairman of the US SEC will have to wait longer to officially become the federal prosecutor of the Southern District of New York (SDNY). Because the federal trial court of the Southern District of New York (SDNY) 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 open-minded than his successor Gary Gensler. However, Clayton lacks prosecutorial experience, and Schumer claimed that the only reason Trump nominated the former regulator to this important position was to advance the president's sinister conspiracy to eventually 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.