Federal Reserve Vice Chairman for Supervision Michael Barr's resignation was tendered in order to avoid a possible clash with Trump over his role.
In his letter of resignation, Federal Reserve Vice Chair for Supervision Michael Barr said an attempt by the Trump White House to remove him could create a "distraction" for the Fed. He plans to retain his seat on the Board of Governors,
Michael Barr is out. The Federal Reserve’s Vice Chair for Supervision has announced he’s stepping down from the top regulatory job, effective February 28. The timing is unmistakably strategic. President Donald Trump,
The Federal Reserve official's surprise decision to step down in February raises questions about a key regulatory proposal targeted at the country's largest lenders.
WASHINGTON (NEXSTAR) — The U.S. Senate is gearing up for a busy week of confirmation ... On Monday, the Fed’s top financial regulator, Michael Barr, announced his resignation after facing threats from Trump to fire or demote him. Trump said during ...
Michael Barr's surprise announcement that he will step down as the Federal Reserve's chief regulator could ultimately mean little for the central bank's approach to regulation under the incoming Trump administration.
Bank stocks rose after Fed Vice Chair Michael Barr stepped down from his banking regulator role. Banks, investors are anticipating more lenient rules
Federal Reserve Board Vice Chair Michael Barr announces February resignation while retaining governor role, sparking optimism in crypto circles amid potential regulatory shifts.
Nearly 200 House Republicans and over 30 Senate Republicans voted to ban TikTok last year if it did not sell its U.S. operations.
S.C., not only defends President-elect Donald Trump's pick for FBI director, but explains why he supports him while speaking on CBS' "Face the Nation."
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Despite Trump’s threat, the House voted 121-23 in May 2023 to impeach Paxton. The Senate then held a trial that September to determine Paxton’s fate. “Who would replace Paxton, one of the TOUGHEST & BEST Attorney Generals in the Country?” Trump posted before the Senate acquitted Paxton.