WASHINGTON — Under Secretary of the Treasury for Domestic Finance Randy Quarles announced his intent Aug. 10 to return to the private sector at the close of this Congress.

"I am particularly honored to have worked with my relentlessly dedicated and enormously professional colleagues on the Treasury staff, who are one of our country's great national assets," Quarles wrote in his letter of resignation.

Prior to his current post, Quarles served at Treasury as assistant secretary for international affairs (2001-2005) and U.S. executive director of the International Monetary Fund (2001-2002).

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