News Topic: Randal Quarles

The Federal Reserve Board on Thursday proposed to give banks more insight into portfolio performance under its stress testing models in an effort to help banks better understand the Fed’s methodology. ... Read full article

More than 10 months into office, the Trump administration’s takeover of banking regulators is effectively complete. ... Read full article

Jelena McWilliams, Fifth Third Bancorp’s chief legal officer, is the choice for FDIC chair; digital currencies pose too many risks. ... Read full article

The Federal Reserve Board's vice chair of supervision said that digital currencies hold the potential for innovation but that the financial system's security and resiliency are more important. ... Read full article

The Fed’s new chief bank regulator wants to change “the tenor of supervision”; Ron O’Hanley, who was named president this week, will also take over as CEO by the end of 2018. ... Read full article

The new vice chairman of supervision at the Fed said the agency will seek comment on its rules for stress tests, capital and other areas, as well as look at how fintech has impacted the industry. ... Read full article

Randal Quarlies becomes the first of President Trump's nominees to be confirmed to the Fed board and the first person to become vice chair of supervision at the central bank. ... Read full article

Randal Quarles was confirmed 65 to 32 as a Fed governor, and by voice vote as the vice chairman of banking supervision. ... Read full article

The Senate invoked cloture to begin the process of confirming Randal Quarles as a governor on the Fed board. ... Read full article

The nominations of Randal Quarles as Federal Reserve Board vice chairman and Joseph Otting as comptroller of the currency will now head to the full Senate. ... Read full article