Richard Clarida, President Trump’s nominee to be the vice chairman of the Federal Reserve, will pledge transparency and accountability as a central banker at a confirmation hearing Tuesday.

Clarida, an adviser to the investment giant PIMCO and an academic economist, is set to promise to “foster the transparent communication and accountability that is so vital to preserving the Federal Reserve’s independent and nonpartisan status,” according to his written testimony.

Recommended Stories

Colorado firebombing attack suspect pleads guilty to hate crimes against Jews

Polymarket halts trading after ‘security incident’ siphons $2.65 million in minutes

Air Force adds two ‘nonhostile’ fatalities to Middle East tally since start of Iran war