United States: FRB Vice Chair Randal Quarles Highlights Banking System Strength In Economic Recovery - Cadwalader, Wickersham & Taft LLP

United States: FRB Vice Chair Randal Quarles Highlights Banking System Strength In Economic Recovery - Cadwalader, Wickersham & Taft LLP

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In testimony before the Senate Banking Committee, Federal Reserve Board ("FRB") Vice Chair for Supervision Randal K. Quarles provided legislators with an update on the effects and wind-down of programs implemented in response to the pandemic.

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