Trump to nominate Quarles to be first Fed vice chairman of supervision

July 11, 2017 02:16

Breaking news

Breaking news. (photo credit:JPOST STAFF)

WASHINGTON- US President Donald Trump plans to nominate former Treasury official Randal Quarles to be the Federal Reserve's first vice chairman of supervision, the White House said on Monday.

Quarles' nomination must be confirmed by the Senate.

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