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What to know about Jay Clayton, Trump's nominee for director of national intelligence

President Donald Trump nominated Jay Clayton, U.S. attorney for the Southern District of New York, to be the next permanent director of national intelligence on Thursday. A veteran Trump administration official, Clayton is seen as a more conventional choice for the role compared to the president's earlier choice made last week.

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The Consequences of SpaceX’s Trillion-Dollar I.P.O.

SpaceX’s trading debut is expected to smash records. Wall Street is watching to see what else it disrupts.

© Steve Nesius/Reuters

SpaceX’s market debut today is expected to be a watershed moment for Wall Street.
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SpaceX IPO: How Our Reporters Assess the Sky-High Valuation and Potential Economic Impact

Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.

© Eric Gay/Associated Press

Elon Musk’s rocket maker SpaceX set a price of $135 a share, which would value it at $1.77 trillion.
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Surveillance program set to expire as Congress rejects FISA extension

President Trump announced his plans to nominate Jay Clayton as director of national intelligence. The choice comes as lawmakers refused to extend a key surveillance tool over stalled privacy concerns and questions about the qualifications of the interim intelligence chief. Congressional correspondent Lisa Desjardins reports.

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