Stephens is friendly investigator in Whitewater scandal. It seems everyone expected him to go after the Clintons and were angry about his appointment.

http://www.nytimes.com/1994/03/28/us/top-clinton-aide-gains-defender-in-odd-quarter.html

http://articles.latimes.com/1994-04-01/news/mn-41039_1_white-house-aides

In 94, if OP is correct, the NYC was playing it off like a WWE match. Super fake. At face value, he is not a Clinton ally.

The Clintons replaced practically every prosecutor with their own appointments, which is unheard of. Bush only replaced 8. Stephens was fired, too.

Equally extraordinary were the politics at play in the firings. At the time, Jay Stephens, then U.S. Attorney in the District of Columbia, was investigating then Ways and Means Chairman Dan Rostenkowski, and was "within 30 days" of making a decision on an indictment. Mr. Rostenkowski, who was shepherding the Clinton's economic program through Congress, eventually went to jail on mail fraud charges and was later pardoned by Mr. Clinton.

After leaving the DOJ, he went on to be lead counsel for Honeywell International.

Honeywell International is a major producer of aviation, aerospace and military products, as well as a range of other things from construction materials to various consumer goods. Founded in 1906, Honeywell is the sponsor of one of the more active political action committees in the United States, donating to politicians from both political parties. Honeywell International routinely spends close to $7 million each year on federal lobbying efforts aimed at dozens of agencies including both chambers of Congress, the Department of Defense and the Federal Aviation Administration.

The company still meets Hillary off the books.

http://www.thompsontimeline.com/tag/honeywell-international-inc/

The Examiner brings up the relationship, too.

http://www.washingtonexaminer.com/nine-times-clinton-foundation-donors-got-special-access-at-state/article/2580451

September 2009, Clinton asked her aide to help another corporate donor, Honeywell, with some export regulations that were hampering Honeywell's bottom line. The former secretary of state said David Cote, the CEO of Honeywell, had personally requested assistance, but the exact favor he asked of Clinton's team was redacted by the State Department.

http://www.politico.com/story/2016/08/defense-industry-hillary-clinton-227336

A number of big names in defense circles have opened their checkbooks for Clinton. They include former Lockheed Martin CEO Robert Stevens; Edward Kangas, who chairs the board of directors at United Technologies; Pam Wickham, the vice president for corporate affairs and communications at Raytheon; John Casey, who leads the Marine Systems division at General Dynamics; Vivek Lall, a senior executive at General Atomics; and Frank Ruggiero, the top in-house lobbyist at BAE Systems, among others.

So, at the very least, there exists friendly and illegal financial relationships between these people. Specifically, the Clinton Foundation, whose money is being used as a personal piggy bank for the Clintons and the two defense contractors tied to Stephens, who fill those coffers.

Stephens benefited from the firings at the DOJ by moving to Honeywell and then Raytheon while the Clinton Foundation benefitted by accepting money from these two companies beyond the normal scope of lobbying. That is exactly what the Clinton Foundation is designed to do and it is illegal. The Clinton Foundation is a clone of the American Security Council Foundation, run by miners, that traded political influence for money. The Bush family had a similar political trade machine, though they did a better job of obscuring it by using more than just one central foundation to coordinate.