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Fed's Michael Barr to Resign
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
The Federal Reserve's top banking regulator will be stepping down next month, paving the way for President-elect Donald Trump to name a replacement. There had been speculation that Trump might replace Barr after he takes office Jan.
Top Fed bank regulator Michael Barr to resign after Trump becomes president
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 his resignation letter to President Joe Biden on Monday,
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 job Monday.
1d
Pro Take: Crypto Could Get a Boost as Barr Departs as Fed’s Supervisory Head
Trump-picked leaders at the FDIC and OCC along with a new supervisory point person at the Fed may lead to softer crypto ...
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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, ...
bankingdive
3d
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.
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