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 ...
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 ...
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 ...
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.
Hoping to avoid a legal battle with the incoming Trump administration, Michael Barr, the Federal Reserve's vice chair for supervision, will relinquish his role as the central bank's chief regulator by ...
WASHINGTON (Reuters) -Michael Barr, the Federal Reserve's ... President-elect Donald Trump over his future at the U.S. central bank. Barr said in a statement he was stepping down from his role ...