Fed's Barr to resign early from regulatory job to avoid legal fight ...
4 days ago · 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 ...
Top Federal Reserve bank regulator, under fire ... - Associated Press News
4 days ago · Barr took office in June 2022 and was later embroiled in the spate of bank failures in the spring of 2023 that started with Silicon Valley Bank, the third-largest failure in U.S. history. Barr oversaw the preparation of a report that blamed watered-down bank regulations, the Fed’s own staffers, and the banks’ managers for the failures.
Fed's Barr, top banking cop, resigns as banks look for softer rules
3 days ago · Barr, a Democrat, has led the Fed’s efforts to require banks to hold more capital as a cushion against possible financial crises – a mandate that would channel money from investment and ...
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
4 days ago · Michael Barr will step down from his role as the Federal Reserve’s vice chair for supervision by Feb. 28, or sooner if President-elect Donald J. Trump appoints a successor, the Fed said on Monday.
Michael Barr to step down as the Fed's head of banking ... - CNBC
4 days ago · There had been speculation that Trump might replace Barr after he takes office Jan. 20.
Top Fed Wall Street regulator Michael Barr resigns, as Trump’s …
4 days ago · A Biden appointee, Barr has served in the role since July 2022, helping to oversee the government’s response to the failures of Silicon Valley Bank and two other big banks beginning in March 2023.
With Barr's exit from regulatory role, Trump gets early chance to ...
3 days ago · 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 ...
Fed's Michael Barr clears way for gentler banking regulator
3 days ago · With Barr's resignation, a more precise image of incoming bank deregulation is forming.
Federal Reserve Board - Federal Reserve Board announces Michael S. Barr ...
4 days ago · The Federal Reserve Board announced on Monday that Michael S. Barr will step down from his position as Federal Reserve Board Vice Chair for Supervision, effective February 28, 2025, or such earlier time as a successor is confirmed. Barr will continue to serve as a member of the Federal Reserve Board of Governors.
Barr Exclusive Interview: Stepping Down to Avoid Distracting Fight …
3 days ago · 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 ...