Capitol Account

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Former Fed Vice Chair Quarles Talks Supervision, the New Trump Team and Agency Independence

Also, FDIC and OCC revoke leveraged lending guidance; SEC investor panel bucks Atkins on disclosure

Dec 06, 2025
∙ Paid

Friday Q and A: The new Trump-appointed bank overseers at the Fed, FDIC and OCC have unveiled big plans to revamp how supervision is conducted. And while the industry is cheering them on, history shows the monumental task has bedeviled even their most able predecessors. Just ask Randal Quarles.

This week, we sat down with the ex-Fed vice chair for superv…

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