White House Seeks Fed Chief Willing to Revisit Bank Rules

The transcript discusses the regulatory achievements of Janet Yellen and the Federal Reserve, highlighting the balance between maintaining regulations and easing them for small banks. It explores the views of potential candidates for the Federal Reserve, particularly Kevin Wash, who favors deregulation. The impact of President Trump's ability to nominate multiple governors to the Federal Reserve is also examined, emphasizing the significance of these appointments on monetary policy.

What is considered a signature achievement of Chair Yellen and Vice Chair Stan Fischer's tenure?

• Interest rate hikes

• Economic growth

• Monetary policy adjustments

• Financial regulation

What is Janet Yellen's general view on the financial regulations implemented after the financial crisis?

• They should be completely removed

• They are perfect as they are

• They are generally good but need some adjustments

• They are too strict and need major changes

Which candidate is known for having a deregulatory stance on financial regulations?

• Jerome Powell

• Kevin Wash

• Stan Fischer

• Janet Yellen

How many governors can President Trump potentially nominate to the Federal Reserve Board?

• Three

• Four

• Five

• Six

What is the significance of the governors' votes on monetary policies?

• They are only advisory

• They are less important than regional presidents' votes

• They are permanent and more influential

• They are temporary and change frequently