July 11, 2017

Brown Statement on Randal Quarles' Nomination to Top Fed Post

WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Banking, Housing, and Urban Affairs Committee – today slammed President Donald Trump’s nomination of Randal Quarles to serve as Vice Chair for Supervision at the Federal Reserve.  

“The last thing we need is another watchdog who believes that what’s good for Wall Street is good for America,” said Brown. “President Trump promised to drain the swamp. Instead, again and again, he’s handed even more influence over to Wall Street insiders that will do the bidding of big banks at the expense of hard-working American taxpayers.”