Was it fair for Sen. Elizabeth Warren to call for firing of Fed Vice Chair for Supervision Quarles over Archegos losses? (Premium)

At a Senate hearing yesterday, Senator Elizabeth Warren called for the White House to replace Fed Vice Chair for Supervision Randal Quarles when his term expires in five months. The cause is a failure to supervise Credit Suisse over Archegos losses. Is the Fed actually responsible for failed supervision, and is Quarles to blame?
This content requires free registration (unlocked content) or a Finadium subscription. Log in or get access today by signing up here.

Related Posts

Previous Post
Reuters: Fed reverse repo volume sparks worries U.S. short-term rates could go below zero
Next Post
ESMA asks EC to include T2S in CSDR

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.

Menu
X

Reset password

Create an account