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Fed, Michael Barr
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 replace him with an industry-friendly pick.
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.
Michael Barr, the Fed's top regulator, to step down
In his letter of resignation, Federal Reserve Vice Chair for Supervision Michael Barr said an attempt by the Trump White House to remove him could create a "distraction" for the Fed. He plans to retain his seat on the Board of Governors,
bankingdive
1h
Barr’s likely replacement advocates ‘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 ...
3d
on MSN
Fed Vice Chair Barr Steps Down to Sidestep Potential Legal Battle With Trump
The Federal Reserve’s top supervisory official said he would step down from his position, avoiding a potential legal fight ...
3d
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 ...
bankingdive
4d
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.
1d
Pro Take: Crypto Could Get a Boost as Barr Departs as Fed’s Supervisory Head
Trump-picked leaders at the FDIC and OCC along with a new supervisory point person at the Fed may lead to softer crypto ...
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