Fed's Clarida to resign Jan 14, two weeks ahead of end of term

Fed vice chair is latest official to quit in trading scandal

Federal Reserve Vice Chair Richard Clarida said Monday that he will step down on Friday, the third Fed official to resign after a trading scandal at the central bank that involved potential conflicts of interest.

Fed Vice Chair Clarida to resign over pandemic stock trades

Federal Reserve Vice Chair Richard Clarida announced on Monday that he would be resigning from his position early following months of media reports scrutinizing stock trades he made towards the beginning of the COVID-19 pandemic.

Federal Reserve Vice Chair Richard Clarida becomes third to resign after trading scandal

Clarida's resignation announcement came after new information was revealed regarding his trading in a stock fund in February 2020.

Fed's Clarida to resign two weeks early amid trading controversy

The timing of the departure means Clarida will not be at the Fed's policy-setting meeting in late January, when officials are set to debate when to raise interest rates and how to start shrinking the central bank's $8 trillion-plus balance sheet as it responds to high inflation.

FED Vice Chair Richard Clarida Resigns After Trading Scandal - Made BIG BETS on Stocks and Bonds Just Before FED Pandemic Statement in 2020

Another top official at the FED, Vice Chair Richard Clarida has resigned.  He is the third top executive at the FED to resign over the past year.  The AP reported: Federal Reserve Vice Chair Richard Clarida said Monday that he will step down on Friday, the third Fed official to resign after a trading scandal…

Fed vice chair is latest official to quit in trading scandal

WASHINGTON >> Federal Reserve Vice Chair Richard Clarida said Monday that he will step down on Friday, the third Fed official to resign after a trading scandal at the central bank that involved potential conflicts of interest.