Treasury's Top Official for Domestic Finance Announces Resignation

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00002833-treasurys-top-official-for-domestic-finan/

Randal Quarels, the Treasury Department’s top official on domestic finance matters, has decided that five years is just about enough years to spend as the undersecretary of domestic finance. He submitted his resignation and plans on leaving his post at the end of the current Congressional session.

Most of Quarels?s five years have been spent in pushing the current administration?s efforts to reform mortgage giants Fannie Mae and Freddie Mac. And, as with most giants ? the job was never easy and often relentlessly frustrating.

Treasury spokesman Tony Fratto said Quarles had made no decision on what he planned to do after leaving Treasury. No doubt it will be spent with family.

Treasury's Top Official for Domestic Finance Announces Resignation

Unknown Author

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