President Trump announces nominees to fill 2 vacant seats at Fed board
Contributed by NAMPA / Xinhua.
WASHINGTON, April 16 (Xinhua) -- U.S. President Donald Trump said on Monday that he plans to nominate Columbia University professor Richard Clarida and Kansas banking regulator Michelle Bowman to fill two vacant seats at the board of the Federal Reserve.
Clarida will serve as the vice chairman of the Fed for a four-year term, according to a statement released by the White House on Monday. Clarida is also nominated as one of the seven members of the Fed's board of governors.
Bowman is nominated t ...