Hosted on MSN17d
Michael Barr's resignation isn't abnormal – but it limits Trump's appointment powers
Monday's decision by the Federal Reserve's top bank regulator to step down from his job — but not from the Fed entirely — is simultaneously less and more than meets the eye. Why it matters: Michael ...
Fed to hold rates steady at an unsteady moment
U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story ...
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.
USA Today17d
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.
American Banker18d
Michael Barr, the Fed's top regulator, to step down
"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 ...
NBC New York18d
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
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.
The New York Times18d
Fed Vice Chair Says He’s Leaving Role Early to Avoid Fight With Trump
Michael Barr oversaw an attempt to rewrite financial ... Trump appoints a successor, the Fed said on Monday. Mr. Barr will continue to serve on the central bank’s Board of Governors.
What Michael Barr’s decision means for Fed independence
Incoming President Donald Trump didn’t have to ask Federal Reserve Vice Chair Michael Barr to step down from his role as the central bank’s top regulator.
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 Banker17d
For the Fed's Michael Barr, less power is more
rather than have it be a political distraction for the Fed," Barr told American Banker on Monday afternoon. But the more surprising turn for Barr — at least to me — was that he said he would stay on ...
The Washington Post18d
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 ...
The Bond Buyer18d
Michael Barr, the Fed's top regulator, to step down
"Michael Barr could have forced the Trump administration ... Peter Conti-Brown, a leading Fed scholar and professor at the University of Pennsylvania's Wharton School, called Barr's decision ...