Richard Scott Carnell is a United States lawyer who was Assistant Secretary of the Treasury for Financial Institutions from 1993 to 1999.
Richard S. Carnell was educated at Yale University, receiving a B.A. in 1975. [1] He later attended Harvard Law School, receiving a J.D. in 1982. [1]
From 1982 to 1984, Carnell worked as an associate attorney at the law firm of Broad, Schulz, Larson & Wineberg in San Francisco. [1] He then worked as an attorney for the Board of Governors of the Federal Reserve System from 1984 to 1987. [1] He became Counsel of the United States Senate Committee on Banking, Housing, and Urban Affairs in 1987 and was then the Committee's Senior Counsel 1989-1993. [1]
In 1993, President of the United States Bill Clinton nominated Carnell to be Assistant Secretary of the Treasury for Financial Institutions. [1] He held that office until 1999. [1]
Since leaving government service, Carnell has been a law professor at the Fordham University School of Law. [1]