JACKSON HOLE, Wyo.— President Trump’s antagonistic posture toward international institutions at foreign summits this summer soured some European officials on the candidacy of a top Federal Reserve official to helm an international regulatory body, according to people familiar with the matter. Randal Quarles, the Fed’s vice chairman for bank supervision, had emerged as a front-runner this spring to chair the Financial Stability Board, a body formed in 2009 to monitor and advise governments on financial regulation, when the...

Source: Wall Street Journal August 26, 2018 18:42 UTC