The Federal Reserve's top banking regulator will be stepping down next month, paving the way for President-elect Donald Trump ...
Federal Reserve Vice Chairman for Supervision Michael Barr announced that he will step down from the powerful role in the ...
Michael Barr will continue to serve on the Federal Reserve’s board of governors, the central bank said Monday.
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts ...
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
Michael Barr is out. The Federal Reserve’s Vice Chair for Supervision has announced he’s stepping down from the top ...
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.
Barr's early resignation from the Fed’s regulatory oversight role paves the way for Trump’s influence over the central bank.
"Barr's resignation of the vice chair role, while remaining a governor, is actually very clever," Graham said. "It preserves ...
Trump-picked leaders at the FDIC and OCC along with a new supervisory point person at the Fed may lead to softer crypto ...
The Fed says it intends to not make any major banking regulation decisions until the new successor is appointed.
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.