President Clinton is considering Carol J. Parry, executive vice president in charge of community reinvestment at Chase Manhattan Bank, for a spot on the Federal Reserve Board.

Susan M. Phillips' term on the board expires at the end of this month. Ms. Parry declined to comment. But sources said Chase senior executives want her to push for the post although Ms. Parry is considering retiring to Arizona instead.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.