Fed Vice Chair Says He’s Leaving Role Early to Avoid Fight With Trump
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.
After Trump's criticism, Michael Barr to resign as vice chair of Federal Reserve
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
Fed Vice Chair Barr Steps Down to Sidestep Potential Legal Battle With Trump
The Federal Reserve’s top banking regulator said he would step down from his position, but will stay on as a Fed governor.
With Barr's exit from regulatory role, Trump gets early chance to reshape Fed
Federal Reserve Vice Chair of Supervision Michael Barr's decision on Monday to resign early from his regulatory oversight role sets up an early test of how Donald Trump will try to shape the U.S. central bank during his second term as president.
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 system,
Fed’s Barr to step down as vice chair for supervision
Michael Barr will continue to serve on the Federal Reserve’s board of governors, the central bank said Monday.
Fed's Barr to resign early from regulatory job to avoid legal fight with Trump
Michael Barr, the Federal Reserve's top regulatory cop, said he will step down on Feb. 28, in a surprise move that will avert a potentially messy legal fight with President-elect Donald Trump who is now free to replace him with an official of his choosing.
Top Federal Reserve Bank Regulator to Step Down to Avoid Clash With Trump
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.
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.
Fed’s top Wall Street regulator to step down after Trump’s advisers pushed to demote him
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
Fed's Bowman emerging as 'likely choice' to become top US banking cop: analysts
The surprise departure of Federal Reserve vice chair for supervision Michael Barr is focusing new attention on Michelle ...
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
Fed governor Michael Barr said in a letter to President Joe Biden that he would step down as vice chair for supervision Feb.
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Crypto Industry Waves Goodbye to Top Fed Regulator as Resignations Pile Up
Michael Barr stepped down from his post on Monday and follows closely on the heels of SEC Chairman Gary Gensler's ...
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists ...
A New Year’s Resolution For The Fed To Have The Courage To Do Nothing
The traditional argument against a rules-based monetary policy is that it requires Fed officials to specify too many ...
Is The Federal Reserve Flip-Flopping Or Not?
Erian’s analysis misses key points about the Fed’s current policies. Learn why the Fed’s "quantitative tightening" remains ...