Fed board member to leave by 2022, leaving Biden to fill 3 seats
Randal Quarles has been a member of the Federal Reserve Board as well as its vice-chair for supervision since 2017. Randal Quarles has resigned his position from the Board of Governors of the Federal Reserve System, effective by the end of December. In a Friday resignation letter addressed to United States President Joe Biden, Quarles said he planned to leave the Fed “during or around the last week of December of this year” after serving at the government agency for more than four years. He has been a member as well as its vice-chair for supervision since 2017, with terms expected to end....
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The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation. The White House is reportedly considering an Obama-era economic adviser and former Fed economist to fill the empty seats on the board of governors of the Federal Reserve System in 2022. According to a Wednesday report from the Washington Post citing people familiar with the matter, U.S. President Joe Biden is still considering Duke University law professor....
Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group of seven serving at the Federal Reserve. The White House has reportedly begun interviews with possible candidates to fill the empty seats on the board of governors of the Federal Reserve System in 2022. According to a Wednesday report from Bloomberg citing people familiar with the matter, U.S. President Joe Biden is considering qualified candidates including Federal Reserve Bank of Atlanta President Raphael....
The voting period for an election that aims to fill in two vacation industry seats on the Bitcoin Foundation board ends at midnight tonight, leaving the bitcoin community wondering just who will help carry on the Board's mission of bitcoin of helping people exchange resources and ideas more freely. The vacant board seats were once held by Charlie Shrem, who was the CEO of BitInstant. Due to legal troubles (specifically, suspicion of laundering in the neighborhood of $1 million), Shrem gave up his seat earlier this year. The other seat belonged to Mark Karpeles, former CEO of the Mt. Gox....
According to the U.S. President, the three nominees have the “experience, judgment and integrity to lead the Federal Reserve and to help build our economy back better for working families.” The White House has officially tapped former Fed governor Sarah Bloom Raskin to serve as the vice chair for supervision for the Federal Reserve, as well as economists Lisa Cook and Philip Jefferson to fill two empty seats on its board of governors.In a Friday announcement, U.S. President Joe Biden said he had nominated Cook, an Obama-era economic adviser and Michigan State University faculty member, as....
Yesterday, the Bitcoin Foundation announced an additional Board of Directors seat up for election. This seat represents the seat vacated by Mark Karpeles. Please see the Bitcoin Foundation blog post below for more information: Update: Election For 2 Vacant Industry Seats. Elizabeth T. Ploshay Mar 10 2014. There are now two vacant industry seats available on the Board of Directors for this upcoming election. Here's the overview: Nomination Deadline: April 7, 2014. To nominate, you must be an industry member of the Bitcoin Foundation. Become a member here. For this election, only Industry....