Susan Collins Is New Boston Fed President

Susan Collins, a respected economist, will become the first black woman to lead a regional Fed bank, the Boston Fed, starting July 1. Her extensive background includes roles at Harvard, MIT, and the IMF. Collins is expected to bring a balanced perspective to the Fed's monetary policy discussions. The video also discusses Eric Rosengren's resignation due to health issues and trading controversies.

Who is Susan Collins set to become in July?

• CEO of a major bank

• Chair of the Federal Reserve

• President of the Boston Fed

• Governor of Michigan

What is one of Susan Collins' areas of expertise?

• Cryptocurrency

• Environmental Economics

• Economic growth and exchange rate regimes

• Artificial Intelligence

What role is Susan Collins expected to play in the FOMC?

• A dovish voter

• An aggressive voter

• A neutral voter

• A hawkish voter

What was one reason for Eric Rosengren's resignation?

• Retirement age

• Chronic health issues

• A new job offer

• A political scandal

What was Eric Rosengren accused of that led to a perception problem?

• Insider trading

• Trading real estate investment trusts

• Misusing funds

• Leaking confidential information