New Yorks fresh governor picks ex-Obama staffer to mind NYDFS
governor York’s

New Yorks fresh governor picks ex-Obama staffer to mind NYDFS

The new governor of New York, Kathy Hochul, has nominated former Obama official Adrienne Harris to head up the Department of Financial Services (DFS) in the state, following the recent resignation of her predecessor at the NYDFS, Superintendent Linda Lacewell. Hochul, who assumed office following the departure of Andrew Cuomo, called on Harris to take…

Fed governor says CBDCs remain ‘a solution searching for a problem’
CBDCs governor

Fed governor says CBDCs remain ‘a solution searching for a problem’

Chris Waller’s comments come after Jerome Powell said that the Federal Reserve would be issuing a discussion paper on CBDCs.