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Trump, 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 Federal Reserve Bank Regulator to Step Down to Avoid Clash With Trump
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.
2d
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 ...
2d
Fed’s top Wall Street regulator to step down after Trump’s advisers pushed to demote him
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
Insurancenewsnet.com
1h
Barr to step down as vice chair for supervision at Fed
Michael Barr is stepping down from his position as Federal Reserve Board Vice Chair for Supervision, the Federal Reserve Board announced on Monday.© Shutterstock Barr will leave that post effective ...
1d
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
1d
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 ...
2d
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 ...
bankingdive
2d
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.
IJR
1d
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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