Randal Quarles Takes Oath As Newest Board Member of The Federal Reserve

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  • #12577
    TradersCom
    Keymaster

    [article]280[/article]

    #12660
    Helmholtz Watson
    Participant

    Slowly moving along – of course the big one is the new commander in chief at the Fed.

    A report that Trump will make a choice before his Asia trip on Nov 3

    The shortlist via Reuters:

    Cohn
    Yellen
    Powell
    Taylor
    Warsh

    #12736
    MoneyNeverSleeps
    Participant

    Wouldn’t surprise me to see no one we are expecting TBH

    #12737
    TradersCom
    Keymaster

    [tweet]921056837885157377[/tweet]

    #13299
    TradersCom
    Keymaster

    Fed Supervision Vice Chair Quarles Speaking on Financial Regulation
    Tue 7 Nov 2017

    Regulators must be careful in monitoring how financial sector risk is developing
    Regulators must watch growth of the fintech and cyber sectors
    Regulators should engage industry to increase understanding of potential cyber risks

    Sees simpler approach to US stress testing, capital requirements
    Stress testing can be much more transparent about the process

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