U.S. Fed’s Michael Barr to Step Down

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 with the incoming Trump administration and Republicans in the Senate.
Banks, investors hope for lighter regulations after Fed's Michael Barr steps down
Bank stocks rose after Fed Vice Chair Michael Barr stepped down from his banking regulator role. Banks, investors are anticipating more lenient rules
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. His term as Fed governor lasts until 2026.
Fed's Barr to resign early from regulatory job to avoid legal fight with Trump
WASHINGTON, Jan 6 (Reuters) - 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 ...
Fed’s Barr to step down as vice chair for supervision
Michael Barr will continue to serve on the Federal Reserve’s board of governors, the central bank said Monday.
Michael Barr Didn’t Want Legal Battle for Fed Job, Even If He Could Win
Michael Barr says his choice to step down from his role as Vice Chair for Supervision came down to the calculus that even winning a fight with the incoming Trump administration to stay would be a loss for the Federal Reserve.
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. central bank during his second term as president.
After Trump's criticism, Michael Barr to resign as vice chair of Federal Reserve
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
Senate gears up for confirmation hearings
The U.S. Senate is gearing up for a busy week of confirmation hearings for President-elect Donald Trump's cabinet picks next ...
Wall Street Journal4d
Fed Vice Chair Barr Steps Down to Sidestep Potential Legal Battle With Trump
Vice Chair for Supervision Michael Barr, the agency’s top banking regulator, said he would resign from his position at the end of February, or sooner if President-elect Donald Trump appoints a ...
The New York Times5d
Fed Vice Chair Says He’s Leaving Role Early to Avoid Fight With Trump
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues. By Deborah B.
Hosted on MSN8d
'Trump Ate Our Homework': When John Kennedy Grilled Financial Regulator During Senate Hearing
During a Senate Banking Committee hearing in 2023, Senator John Kennedy grilled Michael S. Barr, Vice Chair For Supervision at the Federal Reserve.
AOL21d
Exclusive-Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say
WASHINGTON (Reuters) -Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him ...