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Trump, Michael 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.
After Trump's criticism, Michael Barr to resign as vice chair of Federal Reserve
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
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.
bankingdive
23m
Barr’s likely replacement advocates ‘pragmatic’ approach
In a speech Thursday, Federal Reserve Gov. Michelle Bowman appeared to preview her approach if she’s the incoming president’s pick as vice chair for supervision, calling for more “discipline” with ...
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 ...
The Daily Hodl
3d
Stablecoin Skeptic Michael Barr Steps Down As Vice Chair for Supervision Ahead of Trump Inauguration
The Federal Reserve Board has announced that Michael S. Barr is resigning from his position as Vice Chair for Supervision.
bankingdive
4d
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.
American Banker
2d
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 ...
3d
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 ...
IJR
2d
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 ...
3d
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
Michael Barr said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump ...
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Donald Trump
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