Randal Quarles Confirmed as Fed Vice Chairman for Supervision
Randal Quarles was confirmed by the United States Senate on October 5, 2017 in a 65-to-32 vote to serve on the Federal Reserve Board of Governors as vice chairman for supervision. Quarles will be the first person to hold the position, created by the Dodd-Frank act in the wake of the 2008 financial crisis to focus on stability and regulation in the markets. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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