washington confirmation process republican president donald trump choice chair u.s. securities exchange commission appear move forward without hiccup jay clayton lawyer whose specialties include mergers acquisitions meet privately senate bank committee chairman michael crapo tuesday discuss sec role facilitate capital formation ways reduce unnecessary burden small company crapo say statement post twitter great conversation crapo add recent days senate republicans issue glow statements clayton qualifications plan help company raise capital democrats probably raise question clayton tie wall street confirmation hear able block without support republicans clayton hear yet schedule could come early week feb. accord several people familiar committee plan private meet senators typically hold advance confirmation hear lawmakers get chance vet candidate ask question last week clayton meet three republican lawmakers panel senators richard shelby alabama tom cotton arkansas patrick toomey pennsylvania also meet separately tuesday senator david perdue georgia write twitter jay know capital formation want create level play field make things fair efficient fully support nomination clayton expect one-on-one meet panel democrats sometime next week accord one source democrats committee include sherrod brown committee senior democrat massachusetts senator elizabeth warren already express reservations clayton legal work sullivan cromwell represent major wall street clients goldman sachs group inc wife work wealth manager clayton accept trump nomination family decide wife would step post investment bank confirm one people familiar matter say meantime sec lone republican commissioner michael piwowar act chairman accord people familiar matter sec typically five-member commission two members clayton confirm senate republicans signal strong support sec nominee clayton