Senate confirms Randal Quarles as new Federal Reserve Governor

The Senate voted to confirm Randal Quarles as a member of the Board of Governors of the Federal Reserve System. Quarles is the first appointee to the position of vice chairman of supervision, a role created by the 2010 Dodd-Frank Act, making him the Federal Reserve’s top banking regulator.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s