Randal Quarles

“The right thing for us to do is to continue our stress tests, but as part of them, to analyze how banks’ portfolios are responding to real, current events, not just to the hypothetical event that we announced earlier this year,” said Fed Chair for Supervision Randal Quarles.
Stress tests
Fed stress tests will incorporate 'current events,' Quarles says
By Hannah Lang
April 13, 2020 10:52 AM

The agency's top supervisory official said the Comprehensive Capital Analysis and Review will proceed on schedule, and signaled that the Fed will look at how institutions are responding to fallout from the coronavirus.

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