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US Fed’s Quarles should be removed as regulatory chief in October, Senator Warren says

By Neil Roland ( May 25, 2021, 21:26 GMT | Insight) -- US Senator Elizabeth Warren called for the Federal Reserve’s top regulatory official, Randal Quarles, to be removed when his term expires in October. “Instead of protecting the system, you spent your time at the Fed cutting holes in the safety net,” Warren, a Massachusetts Democrat, told Quarles at a Senate Banking Committee hearing.US Senator Elizabeth Warren called for the Federal Reserve’s top regulatory official, Randal Quarles, to be removed when his term expires in October....

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