Monday, April 17, 2017

He will be Swamped

President Donald Trump looks set to nominate Randal Quarles to replace the outgoing Daniel Tarullo as the Federal Reserve's point man on regulation. Or in this case, deregulation, given the president's stated intention of doing a "big number" on the Dodd-Frank rules adopted to prevent a repeat of the 2008 financial crisis. 
Sandbox coming. Central bankers better figure this out. 

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