Third Fed Member Resigns
Another member of the Federal Reserve Board is stepping down, the third high-ranking official to exit in the last 45 days. Randal Quarles, vice-chair of the board, follows Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren, who resigned last month.
Tru News speculates the surprising exodus is linked to members being outed for suspicious trading in their own portfolios, while crafting U.S. monetary policy decisions. So what’s going on? Riss Flex digs deeper into the details and also reports on world leaders waking up to the deliberate threat of bioweapons.
