Tim Clark was Deputy Director of the Division of Supervision and Regulation for the Federal Reserve Board until he retired in late 2017. He joined the Federal Reserve in 1995 as a bank examiner in New York and moved up the ranks there until 2008 when he was recruited to join the staff of the Board of Governors in Washington. He was the chief architect of the Federal Reserves’ capital stress tests and liquidity stress tests. Mr. Clark also was Chairman of the Operating Committee of the Federal Reserves’ Large Institution Supervision Coordinating Committee (LISCC), which was created after the crash to coordinate oversight of the biggest, riskiest banks. As such, he was a crucial voice on virtually all decisions regarding bank oversight, particularly regarding the to-big-to-fail banks and global systemically important banks. Tim was also the Federal Reserves’ key contact with the senior executives at the largest banks.
In 2022, Mr. Clark was appointed to the Federal Deposit Insurance Corporation’s (FDIC’s) Systemic Resolution Advisory Committee (SRAC). The Committee provides advice and recommendations on a broad range of issues regarding the resolution of systemically important financial companies.
Mr. Clark graduated from Columbia University, earning a Masters of International Affairs and received his Bachelors of Arts degree from Hunter College of the City University of New York where he studied Political Science and Economics.
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