Clarida tipped as new Fed governor

According to several reports this week, the White House is considering former US Treasury official Richard Clarida for the Federal Reserve seat that would be free if Fed Governor Ben Bernanke is confirmed to the CEA.

According to Reuters, a source close to the Fed confirmed that Clarida, an economics professor at Columbia University who had served at the Treasury earlier in the Bush administration, was being eyed for the post. The newswire cited a source close to the administration as saying C