Federal Reserve and the U.S. Economy

Federal Reserve Supervision Vice Chair Randal Quarles testified before the Senate Banking Committee on financial system regulations. Vice Ch… read more

Federal Reserve Supervision Vice Chair Randal Quarles testified before the Senate Banking Committee on financial system regulations. Vice Chair Quarles said the economy was having a “strong recovery” after the coronavirus pandemic, but that the recovery was not yet complete. He addressed concerns about inflation, saying the Federal Reserve considers the inflationary pressures “transitory.” In response to questions about regulating cryptocurrency, Mr. Quarles said the Federal Reserve, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) were in a “sprint” to pull together a common regulatory framework to address digital assets. close

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Federal Reserve and the U.S. Economy

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Program ID:
512038-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
May 25, 2021 | 10:04am EDT | C-SPAN 3
Last Aired:
Jun 10, 2021 | 3:39pm EDT | C-SPAN 3

Airing Details

  • May 25, 2021 | 10:04am EDT | C-SPAN 3
  • May 25, 2021 | 11:35am EDT | C-SPAN 3
  • May 25, 2021 | 10:49pm EDT | C-SPAN 2
  • May 26, 2021 | 3:48am EDT | C-SPAN 2
  • May 30, 2021 | 1:57am EDT | C-SPAN 1
  • Jun 10, 2021 | 3:39pm EDT | C-SPAN 3
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Federal Reserve and the U.S. Economy

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