WASHINGTON (Reuters) – The U.S. Senate voted on Tuesday to confirm Richard Clarida as vice chair of the Federal Reserve, one of the most powerful positions at the central bank.
Clarida, a managing director at fund manager Pimco and an economics professor at Columbia University, was nominated by President Donald Trump in April. The Senate vote was 69-26. On a voice vote, the chamber also confirmed Clarida as a member of the Federal Reserve Board of Governors.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: Investing.com