Top Federal Reserve official resigns as bank deregulation looms

Reuters ----- The top Federal Reserve official charged with financial regulation said on Friday that he would resign, just a week after the new administration of President Donald Trump said it would undertake a review of what it sees as onerous bank rules. Daniel Tarullo, who had served at the Fed since 2009 and helped shape its response to the 2008-2009 financial crisis, said in a letter to Trump on Friday he would leave the central bank "on or around April 5." For more information on top Federal Reserve official resigns as bank deregulation looms click on the picture below to read the article.