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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
Add BT as a preferred sourcePublished Tue, Feb 14, 2017 · 09:50 PM
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 - nearly five years before the end of the term he was appointed to by former President Barack Obama - was an architect of efforts to shore up capital held by banks to help them weather financial storms.
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