Federal Reserve Vice Chair for Supervision Randall Quarles worked for The Carlyle Group overseeing the PEU's financial/banking investments. The new Fed Chair may have Carlyle on his resume. Carlyle could have two alumni at the top of the Federal Reserve Bank Board of Governors. What might that unleash for the greed and leverage boys? Politicians Red and Blue love PEU.
Update 10-21-17: A Carlyle alum as Fed Chair remains a distinct possibility.
