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 ...
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 with the incoming Trump administration. He 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.
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 ...
USA Today18d
Banks, investors hope for lighter regulations after Fed's Michael Barr steps down
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.
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 regulation.
American Banker18d
Michael Barr, the Fed's top regulator, to step down
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 ...
The New York Times19d
Fed Vice Chair Says He’s Leaving Role Early to Avoid Fight With Trump
Trump appoints a successor, the Fed said on Monday. Mr. Barr will continue to serve on the central bank’s Board of Governors. But in an interview, Mr. Barr said the decision to leave his role as ...
Fed's Barr to step down as vice chair of supervision, stay on board
Michael Barr said he'll step down as the Federal Reserve's vice chair of supervision at the end of February, seeking to avoid a dispute over the role, as Donald Trump starts his second term as U.S.
The Washington Post19d
Fed’s top Wall Street regulator to step down after Trump’s advisers pushed to demote him
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 ...
Meet Trump’s leading pick to oversee Wall Street regulation at the Fed
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...
The Bond Buyer18d
Michael Barr, the Fed's top regulator, to step down
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 ...