Federal Reserve Vice Chairman for Supervision Randal Quarles says that any worries that the agency is looking to relax rules or even reduce capital levels is simply unfounded. “It’s not just semantically that I want to stress this: As we are looking at enhancing the...
The Federal Reserve’s vice chair who is in charge of policing Wall Street, Randal Quarles, said late last week he is recusing himself from anything related to Wells Fargo. Reuters reported that in a memo, Quarles reported that he and his family sold their financial...
Two of President Trump’s nominees to key financial regulatory positions were reported out of committee and await consideration by the full Senate — despite concerns from Democrats that both candidates are too close to the financial industry, which they will be regulating. Randal Quarles has...
Not all financial services regulation is occurring across the pond, though Brexit and other countries grabbed their share of headlines this past week for our Regulatory Tracker. In the United States, President Trump’s nominee for the Fed’s supervision efforts said it is time to mull...
July 31, 2017
Not all financial services regulation is occurring across the pond, though Brexit and other countries grabbed their share of headlines this past week for our Regulatory Tracker. In the United States, President Trump’s nominee for the Fed’s supervision efforts said it is time to mull rolling back some of the regulations in place since the financial crisis.
July 17, 2017
The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and Barclays begins ring-fencing efforts.
August 27, 2018
U.S. President Donald Trump’s behavior at foreign summits this summer could have spoiled the chances of a top Federal Reserve official to lead the Financial Stability Board (FSB). According to the Wall Street Journal, Randal Quarles, the Fed’s vice chairman for bank supervision, was the front-runner to chair the FSB, which was created in 2009 to […]
February 27, 2018
Federal Reserve Vice Chairman for Supervision Randal Quarles says that any worries that the agency is looking to relax rules or even reduce capital levels is simply unfounded. “It’s not...
December 17, 2017
The Federal Reserve’s vice chair who is in charge of policing Wall Street, Randal Quarles, said late last week he is recusing himself from anything related to Wells Fargo. Reuters...
September 08, 2017
Two of President Trump’s nominees to key financial regulatory positions were reported out of committee and await consideration by the full Senate — despite concerns from Democrats that both candidates...
