11/08/2021 - EditState

Latest Exit From Fed’s Board Gives Biden Three Slots to Fill

On 11/08/2021

Randal Quarles announced Monday that he will resign from the Federal Reserve’s Board of Governors at the end of the year after completing a four-year term as its top bank regulator, opening up another vacancy on the Fed’s influential board for President Joe Biden to fill. Quarles has served as the Fed’s first vice chair of supervision, which gave him wide-ranging authority over the banking system. In that role, he oversaw a broad loosening of some of the financial regulations that were put in place after the 2008-2009 global financial crisis and recession. Quarles’ deregulatory approach prompted criticism from somemore

Minnesota Lawmaker Sees Role as Cultural Bridge Builder

On 11/08/2021

The different diaspora groups that make up the United States inevitably have fought for representation through the voting process. VOA is profiling a group of emerging politicians with direct ties to Africa who are changing the face of American politics. One is Omar Fateh, whose parents came from Somalia. …

Bomb Threats Investigated at Brown, Columbia, Cornell

On 11/08/2021

Bomb threats at three Ivy League college campuses caused evacuations and police investigations Sunday, with at least two schools saying the threats there were unfounded. Cornell, Columbia and Brown universities alerted students to the threats. Authorities at Columbia and Brown said campus buildings had been cleared Sunday evening. In Ithaca, New York, Cornell police cordoned off the center of campus on Sunday after receiving a call that bombs were placed in four buildings. In New York City, Columbia University police issued a campuswide emergency alert after receiving bomb threats at university buildings about 2:30 p.m. The university deemed the threatsmore