Comprehensive Real-Time News Feed for Georgetown (Washington, DC).
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The Federal Reserve's regulatory czar departs Wednesday, potentially clearing a path for President Trump to loosen the rules governing But before Daniel Tarullo walks out the door of the U.S. central bank, he'll have some parting advice for the Trump administration: Leave Dodd-Frank alone. In his final speech at Princeton University on Tuesday, the outgoing Fed governor is expected to object to any effort by the White House to weaken the rules that regulate the country's banks, making the case that American taxpayers shouldn't bear the risk of fewer safeguards protecting the financial system. Comment?
Clarence Ditlow, who for decades was one of America's most prominent auto safety advocates, died Thursday at the age of 72. As head of the Washington D.C.-based Center for Auto Safety Ditlow helped push for auto safety improvements. Under his leadership, the center pushed for the recall of many millions of vehicles with potential safety issues. Comment?
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