Richard Clarida

Richard Clarida
21st Vice Chair of the Federal Reserve
In office September 17, 2018 – January 14, 2022
Nominated by	Donald Trump
Preceded by	Stanley Fischer
Succeeded by	Lael Brainard
Member of the Federal Reserve Board of Governors
In office September 17, 2018 – January 14, 2022
Nominated by	Donald Trump
Preceded by	Daniel Tarullo
Succeeded by	Philip Jefferson
Assistant Secretary of the Treasury for Economic Policy
In office February 7, 2002 – May 16, 2003
President	George W. Bush
Preceded by	David Wilcox
Succeeded by	Mark Warshawsky
Personal details
Born	(1957-05-18) May 18, 1957 (age 67) Herrin, Illinois, U.S.
Political party	Republican[1]
Education	University of Illinois, Urbana-Champaign (BS) Harvard University (MA, PhD)

Richard Harris Clarida (born May 18, 1957) is an American economist who served as the 21st Vice Chair of the Federal Reserve from 2018 to 2022. Clarida resigned his post on January 14, 2022, to return from public service leave to teach at Columbia University for the spring term of 2022. He is the C. Lowell Harriss Professor of Economics and International Affairs at Columbia University and, from 2006 until September 2018 and from October 2022 to the present, a Global Strategic Advisor for PIMCO. He is notable for his contributions to dynamic stochastic general equilibrium theory and international monetary economics. He is a former Assistant Secretary of the Treasury for Economic Policy and is a recipient of the Treasury Medal. He also was a proponent of the theory that inflation was transitory during the COVID-19 pandemic.^[2]