[Waller: Regional Fed Presidents Have Developed a Framework Aimed at Centralizing Certain Federal Reserve Functions] Reported by Golden Finance, on May 9, Federal Reserve Governor Waller stated that regional Fed presidents have developed a framework aimed at centralizing certain Federal Reserve functions. The framework will not weaken the independence of regional Feds. In his speech regarding the operations of regional Feds, Waller did not comment on monetary policy or economic outlook. (Jin10)