Lawrence Clayton (March 1, 1891 – December 4, 1949) was an American banker and corporate executive who served as a member of the Federal Reserve Board of Governors from 1947 until his death in 1949.

Clayton was a longtime assistant and ally to Chairman Marriner S. Eccles.

He served in the Field Artillery of the US Army in France during World War 1.

President Harry S. Truman appointed Clayton as a governor of the Federal Reserve System, effective February 14, 1947.

This biography of a person who has held a non-elected position in the federal government of the United States is a stub.