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.
“I strongly value the independence of the Fed,” Barr told Michael Stratford and Victoria Guida in an interview. He said he chose to resign as vice chair — while maintaining his seat as a Fed ...
"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 ...
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
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.
(Bloomberg) -- Michael Barr says his choice to step down ... has faced questions over whether he may try to influence the Fed. Barr, who is often criticized by Republicans, was viewed as a ...
The bank — once the envy of the industry — could finally be allowed to grow again.Seven years into a US cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the ...
WASHINGTON, Jan 6 (Reuters) - Michael Barr, the Federal ... but planned to keep his seat on the Fed's Board of Governors. Barr told Congress in November that he intended to serve out his term ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
Donald Trump’s return to the White House is overshadowing the Fed’s meeting this week, with policymakers expected to pause ...