July 10, 2017 / 11:13 PM / 15 days ago

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

1 Min Read

WASHINGTON, July 10 (Reuters) - U.S. 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.

Reporting by Steve Holland; Writing by Eric Beech

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