Quarles defends past views amid Senate grilling
Trump’s choice for Fed regulation chief says hindsight is a wonderful thing, as he defends actions around crisis
President Donald Trump’s choice for regulation chief at the US Federal Reserve Board faced a grilling from members of the Senate on his suitability to take up the post on July 27.
Randal Quarles, who is the nominee to serve as a governor on the US central bank’s board and vice-chairman for supervision, was questioned on actions he had taken throughout his career in both the public and private sector.
“The number one thing we need from the Fed’s vice-chair for supervision is a demonstrated
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