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 ...

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 ...

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.

The FBI director, IRS commissioner and vice chair of the Federal Reserve, all criticized by Republicans, have opted to resign ...

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.

In his letter of resignation, which was submitted to President Joe Biden on Monday morning, Barr said he was concerned that a legal battle would be too disruptive to the Fed. Yet, he will not ...

US Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding ...

As rumors mounted that Trump might try to demote him, Barr decided to spare everyone the trouble. “I strongly value the independence of the Fed,” Barr told POLITICO on Monday shortly after he ...

Barr is preparing to depart from the position on Feb. 28 unless a successor is confirmed earlier, the US central bank said on Monday. He plans to continue to serve as a member of the Fed’s board ...

Barr will exit that post by Feb. 28, or earlier if a successor is confirmed, according to a Fed news release, but will continue to serve as governor. Barr, the Fed’s top bank regulator ...

A top Federal Reserve official who is the government’s most influential banking regulator stepped down from his leadership role after advisers of President-elect Donald Trump seriously weighed ...

Hoping to avoid a legal battle with the incoming Trump administration, Michael Barr, the Federal Reserve's vice chair for supervision, will relinquish his role as the central bank's chief ...