Randal K. Quarles, Vice Chair for Supervision of the Federal Reserve Board and Chairman of the Financial Stability Board joined Mike Leavitt, the former Secretary of the U.S. Health and Human Services and former Governor of Utah, for a conversation about the state of the banking sector, and the Federal Reserve’s recent efforts to support the economy, households, and businesses on Friday, April 10.

Vice Chair Quarles is a native of Utah and the former Undersecretary of the Treasury, serving under President George W. Bush.

In the third installment in the online forum series “Navigating COVID-19: How to Save Your Business” hosted by the Marriner S. Eccles Institute for Economics and Quantitative Analysis at the David Eccles School of Business at the University of Utah.  The forum is underwritten through the generosity of the George S. and Dolores Doré Eccles Foundation.

A panel of academic and business experts also joined the forum, which can be viewed in full here, addressing questions such as:

  • How does the COVID-19 crisis compare to the Great Depression and Great Recession?
  • How can banks navigate COVID-19 stimulus?
  • How can small businesses survive this crisis?
  • How will Congress and the federal government support businesses during these challenging times?

Several news agencies covered Friday’s event. Check out the coverage in: The Wall Street Journal, The New York Times, CNBC, and Reuters.

The forum runs every Tuesday and Friday through April. Register for the free series here.