Fed vice chair Richard Clarida resigns over trading scandal

Richard Clarida, the vice chair of the Federal Reserve who has come under fire for making trades during the financial crisis brought on by the pandemic, announced on Monday that he will resign from the board effective on Friday.

Clarida is the third senior Fed official to step down in the wake of reports about stock trades made just before the markets collapsed.

January 10, 2022

https://nypost.com/2022/01/10/fed-vice-chair-richard-clarida-resigns-over-trading-scandal/