Senate Confirms Randal Quarles as Federal Reserve Board Governor

Posted October 11, 2017

On Oct. 5, 2017, the U.S. Senate voted (65-32) to confirm Randal K. Quarles as a Federal Reserve Board Governor and as Vice Chairman for Supervision and Regulation, making him the first person to ever officially hold the position created by the 2010 Dodd-Frank Act. In this role, Mr. Quarles will be required to testify biannually before the Senate Banking Committee and the House Financial Services Committee.
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