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With vacancies, Trump gains chance to reshape Fed

Fed governor who resigned last week had helped drive banking regulation after the 2008 financial crisis

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The departure of Mr Tarullo (above) could come at a key moment. Mr Trump has pledged to loosen up capital markets regulation, this month ordering a review of the 2010 Dodd-Frank financial reform legislation with an eye to undoing substantial parts of it.

Washington

PRESIDENT Donald Trump's influence over the US central bank may grow significantly following the resignation of a Federal Reserve governor who helped drive banking regulation following the 2008 financial crisis.

Daniel Tarullo, who announced his resignation on Friday -

sentifi.com

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