Randal Quarles, Date of Birth, Place of Birth

    

Randal Quarles

American businessman

Date of Birth: 05-Sep-1957

Place of Birth: San Francisco, California, United States

Profession: businessperson

Nationality: United States

Zodiac Sign: Virgo


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About Randal Quarles

  • Randal Keith Quarles (born September 5, 1957) is an American private equity investor and government official who has served as a member and vice chair for supervision of the Federal Reserve Board of Governors since October 2017.
  • Previously he was founder and head of The Cynosure Group, a private investment firm, and a former partner of The Carlyle Group, one of the world's largest private equity firms.
  • From August 2001 until October 2006, he held several financial policy posts in the George W.
  • Bush administration, ultimately serving as Under Secretary of the Treasury for Domestic Finance. In July 2017, Quarles was nominated by President Donald Trump to be board member and vice chair for supervision of the Federal Reserve.
  • He was confirmed by the United States Senate on October 5, 2017, by a 65–32 vote on the board seat and by voice vote on the vice chair position.
  • The bank supervision position had been created under the 2010 Dodd-Frank financial law but had never before 2017 been filled.
  • In 2012, Quarles was widely mentioned as a possible Treasury Secretary or senior White House adviser in future Republican administrations.

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