4/16/2018, 7:38 PM (Source:
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Trump to nominate Richard Clarida as Fed vice chair - report

United States President Donald Trump will announce two nominees to the Federal Reserve Board on Monday, including Richard Clarida as vice chairman of the central bank, the Wall Street Journal reported citing White House officials.

Clarida is a professor of economics and international affairs at Columbia University, strategic adviser at PIMCO and is a former assistant secretary of the Treasury for Economic Policy. The second nominee is Michelle Bowman, Kansas' bank commissioner.

Both nominations are subject to Senate confirmation.

Breaking the News / JC