Jay Clayton sworn in as chairman of the U.S. SECWASHINGTON (Reuters) - Wall Street attorney Jay Clayton was officially sworn in as chairman of the U.S. Securities and Exchange Commission by U.S. Supreme Court Justice Anthony Kennedy on Thursday, the agency announced. As head of the SEC, which polices U.S. financial markets,  Clayton is expected to focus on ways to reduce regulatory burdens to help pave the way for more initial public offerings. With Clayton’s arrival, it will make it easier for the SEC to get more rule-writing done now that it has three members, instead of two. President Donald Trump has yet to nominate the other two commissioners to help round out the five-member panel. politicsNews
jay clayton sworn chairman secwashington reuters wall street attorney jay clayton officially sworn chairman securities exchange commission supreme court justice anthony kennedy thursday agency announced as head sec polices financial markets clayton expected focus ways reduce regulatory burdens help pave way initial public offerings with clayton arrival make easier sec get done three members instead two president donald trump yet nominate two commissioners help round panel politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Jay Clayton sworn in as chairman of the U.S. SECWASHINGTON (Reuters) - Wall Street attorney Jay Clayton was officially sworn in as chairman of the U.S. Securities and Exchange Commission by U.S. Supreme Court Justice Anthony Kennedy on Thursday, the agency announced. As head of the SEC, which polices U.S. financial markets,  Clayton is expected to focus on ways to reduce regulatory burdens to help pave the way for more initial public offerings. With Clayton’s arrival, it will make it easier for the SEC to get more rule-writing done now that it has three members, instead of two. President Donald Trump has yet to nominate the other two commissioners to help round out the five-member panel. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: jay clayton sworn chairman secwashington reuters wall street attorney jay clayton officially sworn chairman securities exchange commission supreme court justice anthony kennedy thursday agency announced as head sec polices financial markets clayton expected focus ways reduce regulatory burdens help pave way initial public offerings with clayton arrival make easier sec get done three members instead two president donald trump yet nominate two commissioners help round panel politicsnews