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Randy Quarles, former banking cop, resigns from Fed as Biden weighs nominations

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“My time period as a governor of the Fed, as you understand, extends till 2032,” Quarles instructed Politico in June. “There’s a convention in our household that folks serve out their full phrases on the Federal Reserve Board of governors, even when they’re not the chair or the vice chair nonetheless.” (Quarles is expounded by marriage to former Fed chair Marriner Eccles, who stepped down as chair in 1948 and stayed on the Fed board till 1951.)

https://www.washingtonpost.com/enterprise/2021/11/08/quarles-fed-resigns/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Randy Quarles, former banking cop, resigns from Fed as Biden weighs nominations

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