June 12, 2018 / 2:25 PM / 2 months ago

Fed nominees Clarida, Bowman clear U.S. Senate panel hurdle

WASHINGTON, June 12 (Reuters) - The U.S. Senate Banking Committee on Tuesday voted to approve Richard Clarida and Michelle Bowman to become 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. (Reporting by Lindsay Dunsmuir; Editing by Chizu Nomiyama)

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