Economic Policies

Federal Reserve Governor Randal Quarles to Resign at End of Year

Federal Reserve Governor Randal Quarles to Resign at End of Year
Financial Stability Board chair and Federal Reserve Vice Chairman for Supervision Randal Quarles addresses the Economic Club of New York in New York City, on Oct. 18, 2018. Brendan McDermid/Reuters
Allen Zhong
Allen Zhong
senior writer
|Updated:

Randal Quarles, a President Donald Trump-appointed Federal Reserve governor, said Monday that he will resign in December.

Quarles was appointed to a four-year term as the Fed’s vice chairman for bank supervision, a role created after the financial crisis but never officially filled during the Obama administration, in October 2017 by Trump.

Allen Zhong
Allen Zhong
senior writer
Allen Zhong is a long-time writer and reporter for The Epoch Times. He joined the Epoch Media Group in 2012. His main focus is on U.S. politics. Send him your story ideas: [email protected]
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