Money & Business
What do you need to know about Donald Trump's nominee to oversee US banking?
...System, the central bank of the United States. Before I get to Quarles and his qualifications, it’s important to understand the Fed and what it does. Its decisions are vital to every person on the planet who borrows or lends money (pretty much everybody) since it has enormous influence over global interest rates. Its board of governors also influences most other aspects...