WASHINGTON Nearly six months into her first term as chair of the Federal Reserve Board, Janet Yellen has attempted to place bank regulation on nearly equal footing as monetary policy.
How deep Yellen's involvement in regulatory issues would be was a central question mark as she became the first head of the central bank since former Chairman Paul Volcker to have had significant regulatory experience. That is underscored by her recent public statements and apparent agreement on several issues with Daniel Tarullo, who is seen as the Fed governor most active on financial regulation.
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