Economics
Biden Urged to Replace Quarles; Clarida’s Not Talked Fed Future
- Warren slams Quarles, says system will be safer with him gone
- Clarida focused on doing as much as he can in ‘remaining time’
Randal Quarles
Photographer: Zach Gibson/BloombergThis article is for subscribers only.
With only months left on their current terms, Federal Reserve vice chairs Randal Quarles and Richard Clarida were reminded on Tuesday that their time in office may be drawing short.
Quarles’s tenure as the Fed’s top banking supervisor expires Oct. 13 while Clarida’s term ends Jan. 31, a few weeks before Chair Jerome Powell’s own tenure at the helm is up.