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US Fed’s Clarida to resign as vice chair Jan. 14, 17 days before term expires

( January 10, 2022, 21:27 GMT | Official Statement) -- MLex Summary: US Federal Reserve Governor Richard Clarida, a Republican, said he plans to resign from the board as both vice chair and as a governor on Jan. 14. His term was due to expire Jan. 31. President Joe Biden previously nominated Governor Lael Brainard, a Democrat, to replace him. Her confirmation hearing before the Senate Banking Committee is set for Jan. 13....

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