Trump to Nominate Richard Clarida, Michelle Bowman to Fed Board

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WASHINGTON—President Donald Trump said Monday he plans to make two nominations to the Federal Reserve Board, including Columbia University economist Richard Clarida as vice chairman.

Mr. Clarida is a Republican economist and monetary policy specialist. If confirmed by the Senate, he would serve as the No. 2 to Fed Chairman Jerome Powell, who began a four-year term in February.

The…



Source link: https://www.wsj.com/articles/trump-set-to-nominate-richard-clarida-michelle-bowman-to-fed-board-1523900241?mod=pls_whats_news_us_business_f

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