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Trump, Michael Barr and Federal Reserve
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 Barr's self-demotion clears the way for President-elect Trump to appoint a vice chair for supervision.
Fed's Barr to resign early from regulatory job to avoid legal fight with Trump
Michael Barr, the Federal Reserve's top regulatory cop, said he will step down on Feb. 28, in a surprise move that will avert a potentially messy legal fight with President-elect Donald Trump who is now free to replace him with an official of his choosing.
Top Fed bank regulator Michael Barr to resign after Trump becomes president
Federal Reserve Vice Chairman for Supervision Michael Barr's resignation was tendered in order to avoid a possible clash with Trump over his role.
8h
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 ...
3d
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel ...
The Daily Hodl
2d
Stablecoin Skeptic Michael Barr Steps Down As Vice Chair for Supervision Ahead of Trump Inauguration
The Federal Reserve Board has announced that Michael S. Barr is resigning from his position as Vice Chair for Supervision.
2d
on MSN
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
"Barr's resignation of the vice chair role, while remaining a governor, is actually very clever," Graham said. "It preserves ...
American Banker
2d
Barr's self-demotion changes little for regulatory outlook
Michael Barr's surprise announcement that he will step down as the Federal Reserve's chief regulator could ultimately mean ...
3d
on MSN
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation ...
IJR
2d
Biden’s Top Bank Cop Who Oversaw Wave Of Regional Failures Resigns Ahead Of Potential Fight With Trump
Michael Barr, the Federal Reserve’s vice chair for supervision, announced that he would step down on Monday amid speculation ...
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