PALO ALTO, Calif. (Reuters) – The Federal Reserve is “helping community banks remain competitive” and continue to play a central role in rural communities, in part by reducing regulations for smaller banks, Fed Governor Randal Quarles told the Stanford Institute for Economic Policy Research on Wednesday.
He did not comment on the economic outlook or monetary policy in his prepared remarks, which focussed on banks in the Western United States.
(Reporting by Ann Saphir; Editing by Sandra Maler)
The US Attorney General has announced the extradition of Ovidio Guzmán lópez , a son of the notorious drug lord Joaquín "El Chapo" Guzmán, to the United States...
Read more
Hunter Biden is facing federal gun charges after his plea deal with the president's son fell apart in July. Federal prosecutors indicted Biden on Thursday, alleging that he...
Read more
On Tuesday, the Speaker of the US House of Representatives, Kevin McCarthy, made an announcement that the Republicans would initiate an impeachment investigation into Joe Biden. This investigation...
Read more
Bill Richardson , who had a multifaceted career as a 2008 presidential candidate, former New Mexico governor, congressman, and key figure in the Clinton administration serving as the...
Read more
A devastating wildfire that swept through the idyllic town of Lahaina on Maui Island, Hawaii has left a trail of destruction. It claimed the lives of at least...
Read more
Top News in World: Read Latest News on Sports, Business, Entertainment, Blogs and Opinions from leading columnists.
