Trump to nominate Clarida, Bowman to Fed Board of Governors


WASHINGTON (Reuters) – U.S. President Donald Trump on Monday said he would nominate Richard Clarida, an economist who advises fund manager Pimco, and Michelle Bowman, a Kansas banking regulator, for two key positions at the U.S. Federal Reserve.

U.S. President Donald Trump announces missile strikes on Syria while delivering a statement from the White House in Washington, U.S., April 13, 2018. REUTERS/Yuri Gripas

If they are confirmed by the U.S. Senate, Clarida would serve as the vice chairman of the U.S. central bank’s Board of Governors and Bowman would become a member of the board, according to a White House statement.

Reporting by Jason Lange; Editing by Lisa Shumaker

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