Randal Quarles

Quarles wins Senate approval for full term on Fed board

07/17/18

The Senate voted 66-33 to approve Federal Reserve Vice Chairman for Supervision Randal Quarles for a full 14-year term on the central bank's board.

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Tax law upends banks’ CCAR stress test scores

06/28/18

The president’s signature tax reform law muddled this year’s stress test results, causing several banks to incur greater-than-expected losses and spurring the Federal Reserve to constrain capital distributions at a handful of banks.

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Stress test results show hit to capital from tax reform

06/21/18

All 35 banks passed the Federal Reserve's first round of tests, but their results were not as stellar as last year's.

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Fed finalizes rule limiting banks' exposure to single trading partner

06/14/18

The rule hews closely to a 2016 proposal but the central bank made a notable change to reflect a higher threshold for banks considered "systemically important."

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'There's a lot of work to do' on bank regulation: Fed's Powell

06/13/18

Federal Reserve Chairman Jerome Powell said the agency has its hand full between proposals on liquidity and capital requirements and additional mandates made by the recently enacted regulatory relief law.

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Fed sets dates for public release of 2018 stress tests

06/07/18

The agency will release the results of the Dodd-Frank Act Stress Test on June 21 and the Comprehensive Capital Analysis and Review on June 28.

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Fed to vote next week on proposed changes to Volcker Rule

05/23/18

Long-awaited modifications to proprietary trading ban are to be unveiled at an open meeting on May 30.

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Regulators extend comment deadline for leverage ratio proposal

05/18/18

Commenters will have more time to weigh in on the plan, by the Fed and OCC, that has triggered divisions among the federal regulators.

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Fed weighs easing how foreign banks in U.S. must gird for crisis

05/16/18

The Federal Reserve should think about dialing back its demand that foreign banks in the U.S. have an especially amplified ability to absorb losses, Vice Chairman Randal Quarles said at a Wednesday conference.

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Will capital plan cost big banks $400M or $121B? Yes

05/14/18

The Fed and FDIC are at odds over how proposed changes to the supplemental leverage ratio would change megabanks’ capital levels. Here's why both estimates are right but misleading.

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