Tuesday, April 18, 2017

Done Quarreling For Today

"Quarles said to be Trump pick for Fed’s top regulatory post" by Robert Schmidt Bloomberg News  April 18, 2017

WASHINGTON — President Trump plans to nominate Randal Quarles, a senior Treasury official in the Bush administration, to be the Federal Reserve’s top banking regulator, according to a person familiar with the selection process.

Currently a managing director at a Salt Lake City-based private equity firm, Quarles would bring a background in both domestic and international finance to the role, said the person who asked not to be named because no final decision has been made. He also has years of experience as a banking lawyer.

Quarles, 59, joined the Treasury in 2002 as an assistant secretary for international affairs. He was later elevated to undersecretary for domestic finance. At the end of 2006, Quarles left the department and went to Carlyle Group LP where he specialized in investing in the financial services industry.

Got out just before the crash, 'eh?

Before his time in George W. Bush’s administration, Quarles was a partner at the Davis, Polk & Wardwell law firm. He graduated from Columbia University and has a degree from Yale Law School.

In his current post at the Cynosure Group, Quarles helps invest money from wealthy families, including the Eccles family of Utah. Quarles is married to Hope Eccles. Another member of the family, Marriner Eccles, was Fed chairman from 1934 to 1948, and one of the buildings at the central bank’s Washington headquarters is named after him....

That ince$t is draining the $wamp?


How do you Quantopian that?

Related: Trump names Bush-era veteran and policy newcomer to posts

Thomas Bossert will become as assistant to the president for homeland security and counterterrorism, [and] will work closely with Trump’s pick for national security adviser, retired Lieutenant General Michael Flynn. Bossert is currently president of the risk management consulting firm CDS Consulting. He previously served as deputy assistant to the president for homeland security under Bush. 

See: Final Sessions 

I guess he's working with McMaster now (they tried to give the job to Monica Crowley but she had a Doris Kerns Goodwin problem).

The president-elect also appointed one of his main advisers on US-Israel relations as special representative for international negotiations. Jason Greenblatt has worked for the Trump Organization for over two decades and currently serves as its executive vice president and chief legal officer. Trump said Greenblatt ‘‘has a history of negotiating substantial, complex transactions on my behalf’’ and has the expertise to ‘‘bring parties together and build consensus on difficult and sensitive topics.’’


Also see: Patriots Day Pat Down

The entire front page turned me off so I hope you don't mind if I skip it.

My national lead is the Globe's odd obsession with executions in Arkansas.

Then it's the briefs:

Trump welcomes 21,000 to his first Easter Egg Roll

David Frum said on Charlie Rose last night that the logistics to that were chaotic and out of control, and that doesn't bode well for the White House. If they can't organize an Easter egg roll.... of course, my pre$$ doesn't reflect that and the fact that Trump's name could be replaced with Bush or Obama speaks volumes about the direction in which he is headed. I personally think they threatened his family. That's what drove the reversals. Any corruption that is there is tied up with the Jewish mafia so they can't get him there. The sex stuff is old hat. That's the only thing I can think of that would make Trump back down and betray his base.

Bubbles, prayers for California children back at school after shooting

If you want some adventure....

Lawsuit says Army should factor trauma in discharge decisions

The military has been $crewing veterans since there were wars. Shay's Rebellion was by Revolutionary soldiers who weren't paid, the Union and Confederacy stiffed 'em, Hoover had to deal with veteran occupation camps on the Mall, maybe WWII vets got a good deal but at what price, the Vietnam guys were sprayed with chemicals and given an impossible mission, Iraq and DU, it goes on and on. Always looking to save money is the Pentagon so they can shovel it to some weapons contractor.

US warns North Korea but doesn’t rule out talks

Why is that still my lead story, and what do you mean my ma$$ media lied about the missile test?

Meanwhile, McMaster is in Pakistan and a plane crashed in Portugal. What happened in Sri Lanka reminds me of Ethiopia. As the French vote nears (Le Pen will loose the run-off, read it here first)  Russia reports arrest of suspected subway bomb organizer (nothing yet from Egypt regarding the bombing at the Coptic church).

It's the Washington Post's turn with Turkey today, and I have no doubt where they stand.

Underneath that I have an article with information for which I hunger; however, it's the pri$m through which I'm receiving it that makes me fast. We shall see if that is the only meal they serve on the matter.

A Prince was on drugs just as Mattis paid a visit to the Kingdom. He's letting them know what is happening going forward in Syria, and is looking for help in Yemen from the UAE.

For some reason, the Iraqi refugees and civilian deaths are missing from the web version, as is the bend in the Canadian river; however, people are asking questions about the guy who is now just the same as “any other damn president.” 

Globe doesn't want to show you the illegal immigrants' tax forms, but they are happy to wave the threat of war in your face. Already talking Hillary in 2020 (will they never learn?), as if there were any middle class left.

I'm not into playing war when there are so many live ones around, and what is with the fish tale (was told no visible sign of death)?? At least it wasn't radiation in the seawater.

I'm not going to run the rest of the Metro section. Sorry.

But not as sorry as the CEO of Vertex, poor guy. 

Just giving you the bu$ine$$, readers.


Facebook killer takes his own life as police close in The video was just the latest instance of crime footage being shared on social media.

Between that and the fake news, all the more reason to shut it all down, right?