Top Fed bank regulator Michael Barr to resign after Trump becomes president
Federal Reserve Vice Chairman for Supervision Michael Barr announced that he will step down from the powerful role in the coming weeks after President-elect Donald Trump enters office. Barr submitted ...
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Fed's Barr to resign early from regulatory job to avoid legal fight with Trump
WASHINGTON (Reuters) -Michael Barr, the Federal Reserve's top regulatory cop ... Barr said he was stepping down as the central bank's vice chair for supervision over a year before his term was set to ...
Bank Stocks Surge After Fed’s Barr Steps Down From Vice Chair of Supervision Role
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 ...
Trump just won his first battle with the Fed without lifting a finger
The abrupt departure of a top official ensures that questions about the president's ability to chip away at the Fed’s prized independence will linger.
Fed's Barr to resign early from regulatory job to avoid 'dispute' over role
Michael Barr, the Federal Reserve's top regulatory official, said on Monday he plans to step down from that post on Feb. 28, avoiding a potentially messy legal fight with President-elect Donald Trump ...
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.