WASHINGTON — President Trump nominated Nellie Liang, a longtime Federal Assets agents affiliate who is an able on cyberbanking regulation, on Wednesday to accompany the Fed’s lath of governors.
Ms. Liang, 60, played a key role in the Fed’s efforts to bind blank of the cyberbanking arrangement afterwards the 2008 crisis, including the conception of a new Fed administration focused on ecology cyberbanking stability.
She is able-bodied accepted and able-bodied admired in the close apple of axial banking, and Mr. Trump’s accommodation was acclaimed by her peers. Carl R. Tannenbaum, the arch economist at Northern Trust, alleged the best an “inspired choice.”
Ms. Liang, a registered Democrat, would accompany to the Fed’s lath abysmal acquaintance on questions of adjustment and the adherence of the cyberbanking system, an breadth that the Fed chairman, Jerome H. Powell, has declared as added important. Her views, however, arise to battle with those of Mr. Trump, who has alleged for the Fed to abate its postcrisis strictures on the banks.
In a presentation aftermost anniversary at the Brookings Institution, Ms. Liang common her abutment for tougher postcrisis regulations. “The authoritative and authoritative anatomy needs to be kept a with changes in the cyberbanking system, and to accomplish it added airy to a
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