# Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation

# Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation

“# Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation ” Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins. In a prepared statement for his speech at the American Enterprise Institute…

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# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

“# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report ” The White House has reportedly begun interviews with possible candidates to fill the empty seats on the board of governors of the Federal Reserve System in 2022.  According to a Wednesday report from Bloomberg…

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#Top economist warns of possible 1970s-style ‘stagflation’

#Top economist warns of possible 1970s-style ‘stagflation’

“#Top economist warns of possible 1970s-style ‘stagflation’” The chief economic adviser for financial services firm Allianz warned that the new coronavirus variant Omicron could shake up the markets, exacerbate supply chain woes, amplify record-high inflation pressures — and possibly result in 1970s-style “stagflation.” Economist Mohamed El-Erian was asked by “Fox News Sunday” host Trace Gallagher…

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