In a speech last week in front of the 26th International Financial Symposium in Tokyo, Federal Reserve Vice Chairman for Supervision Randal Quarles discussed how the world economy has changed in the decade since the global financial crisis began.
He also took time to discuss financial regulation in the U.S., one of his primary functions since being appointed after the resignation of Daniel Tarullo.
Read on for details of what the Fed VP had to say on regulatory action.
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