How an Obama Fed appointee is scuttling Wall Street’s bid to ease rules
As a U.S. Federal Reserve
governor, Lael Brainard gets only one vote on proposals that
come before the central bank’s board. Over the past year, she
has used it to combat the Trump administration’s efforts to ease
rules for Wall Street.
governor, Lael Brainard gets only one vote on proposals that
come before the central bank’s board. Over the past year, she
has used it to combat the Trump administration’s efforts to ease
rules for Wall Street.
Posted by Reuters