17-04-2017 19:55 via feedproxy.google.com

Meet Trump's designated driver of Wall Street deregulation

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.
This time, the role would be official: Tarullo, a governor like any other, was never actually nominated to the position of Fed vice chair for regulation, ironically creat
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