Fed Governor Quarles Stepping Down at Year's End

The video discusses recent changes in the Federal Reserve, including the resignation of Randal Quarles and the uncertainty surrounding Jerome Powell's re-nomination. It highlights the implications of these changes on financial regulation and climate change policies, as well as the potential confirmation hearings for open Fed seats.

What was the reason for Randal Quarles' resignation from the Federal Reserve?

What are the implications of having multiple vacancies on the Federal Reserve board?

How does Jerome Powell's term expiration in February affect the Federal Reserve's leadership?

What changes in financial regulation are expected with the new appointments to the Federal Reserve?

What challenges might the Biden administration face in confirming new Federal Reserve appointments?