Top Fed bank regulator Michael Barr to resign after Trump becomes president
Federal Reserve Vice Chairman for Supervision Michael Barr announced that he will step down from the powerful role in the coming weeks after President-elect Donald Trump enters office. Barr submitted ...
Michael Barr Didn’t Want Legal Battle for Fed Job, Even If He Could Win
Michael Barr says his choice to step down from his role as Vice Chair for Supervision came down to the calculus that even winning a fight with the incoming Trump administration to stay would be a loss ...
Bank Stocks Surge After Fed’s Barr Steps Down From Vice Chair of Supervision Role
His decision to step down was fueled, in part, by the fact that a “risk of a dispute over the position” could be a distraction from the Fed’s mission of supervision and regulation of the financial ...
Hosted on MSN21d
Fed's Barr to resign early from regulatory job to avoid legal fight with Trump
WASHINGTON (Reuters) -Michael Barr, the Federal Reserve's top regulatory cop ... but planned to keep his seat on the Fed's Board of Governors. Barr told Congress in November that he intended to serve ...
Fed expected to pause rate cuts as it begins to weigh Trump policies
Donald Trump’s return to the White House is overshadowing the Fed’s meeting this week, with policymakers expected to pause ...
USA Today21d
Banks, investors hope for lighter regulations after Fed's Michael Barr steps down
Michael Barr, the Fed's vice president of supervision, said Monday he’ll step down from that role on Feb. 28 after serving in the position since July 2022 but will remain on the Fed’s board.
American Banker21d
Michael Barr, the Fed's top regulator, to step down
"Michael Barr could have forced the Trump administration to jump over ... Peter Conti-Brown, a leading Fed scholar and professor at the University of Pennsylvania's Wharton School, called Barr's ...
Fed to hold rates steady at an unsteady moment
U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story ...
NBC New York21d
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
Michael Barr's resignation from the position, which is formally called the vice chair for supervision, takes effect as of Feb. 28, though he will stay on as a governor on the Fed board.
What Michael Barr’s decision means for Fed independence
Incoming President Donald Trump didn’t have to ask Federal Reserve Vice Chair Michael Barr to step down from his role as the central bank’s top regulator.
Fight or flight: This time, some top federal officials resigned rather than try to fend off a Trump firing
The FBI director, IRS commissioner and vice chair of the Federal Reserve, all criticized by Republicans, have opted to resign ...
No, Trump Can’t Force the Fed to Cut Interest Rates. It Doesn’t Work That Way.
President Trump called for the Federal Reserve to lower interest rates on Thursday in his first public comments on the ...