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 ...
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 ...
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Federal Reserve Vice Chair Michael Barr to Step Down Amid Crypto Regulation Controversy
Michael Barr, the U.S. Federal Reserve’s Vice Chair for Supervision, has announced his resignation, effective on February 28, 2025, or sooner if a successor is appointed. Barr’s departure follows ...
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 ...
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
Federal Reserve Vice Chair for Supervision Michael Barr said he plans to step down from his role by next month to avoid a protracted legal battle with the Trump administration. The announcement, a ...
Banks, investors hope for lighter regulations after Fed's Michael Barr steps down
Bank stocks rose after Fed Vice Chair Michael Barr stepped down from his banking regulator role. Banks, investors are anticipating more lenient rules ...
Trump just won his first battle with the Fed without lifting a finger
The abrupt departure of a top official ensures that questions about the president's ability to chip away at the Fed’s prized independence will linger.
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 ...
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.
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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 ... Barr said he was stepping down as the central bank's vice chair for supervision over a year before his term was set to ...
Fed's Barr to resign early from regulatory job to avoid 'dispute' over role
Michael Barr, the Federal Reserve's top regulatory cop, said on Monday he will leave that post on Feb. 28, avoiding a potentially messy legal fight with President-elect Donald Trump who is now free to ...
Barr’s likely replacement advocates for ‘pragmatic’ approach
In a speech Thursday, Federal Reserve Gov. Michelle Bowman appeared to preview her approach if she’s the incoming president’s pick as vice chair for supervision, calling for more “discipline” with ...