Fed Nominees Clarida, Bowman Clear U.S. Senate Panel Hurdle

www.oann.com | 3/1/2018 | Staff
KHALED (Posted by) Level 3
WASHINGTON (Reuters) – The U.S. Senate Banking Committee on Tuesday voted to approve Richard Clarida and Michelle Bowman as Federal Reserve governors, sending their nominations to the full senate for a confirmation vote.

The Republican-controlled committee advanced Clarida’s nomination 20-5 and Bowman’s 18-7.

Clarida - Director - Fund - Manager - Pimco

Clarida, a managing director at fund manager Pimco and an economics professor at Columbia University, was nominated to become vice chair of the U.S. central bank.

Bowman, who has run the Kansas State Bank Commission since 2017, would fill...
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