President Donald Trump announced Thursday that he has chosen Jay Clayton, former chairman of the Securities and Exchange Commission, to succeed Tulsi Gabbard as the next director of national intelligence.

“I am pleased to announce the Nomination of very Highly Respected Jay Clayton, former Chairman of the Securities and Exchange Commission, the former Head of Sullivan & Cromwell, one of the most prominent and successful Law Firms anywhere in the World, and the current United States Attorney for the Southern District of New York, to be the next Director of National Intelligence and, importantly, to serve in my Cabinet,” he wrote on Truth Social.

Clayton, should he be confirmed by the Senate, would replace top housing official Bill Pulte, whose appointment as interim director has led to a congressional stalemate over a controversial spy program known as the Foreign Intelligence Surveillance Act. Pulte lacks national security experience, and Democrats are holding up renewal of the program until he is removed from the post.This story is breaking. Please check back for updates.