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 loss for the Federal Reserve.

Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel III endgame proposal to lift capital requirements for banks, said he would step down by Feb. 28, or sooner if a successor is named.

The Federal Reserve Board has announced that Michael S. Barr is resigning from his position as Vice Chair for Supervision.

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.

Michael Barr's resignation from the position, which is formally called the vice chair for supervision, takes effect as of Feb. 28, though he will stay on as a governor on the Fed board. His term as Fed governor lasts until 2026.

Michael Barr will continue to serve on the Federal Reserve’s board of governors, the central bank said Monday.

Trump-picked leaders at the FDIC and OCC along with a new supervisory point person at the Fed may lead to softer crypto regulation.

Erian, chief economic advisor at Allianz and president of Queens’ College at Cambridge University, joins CNBC's 'Squawk Box' to discuss economic outlooks.

Michael Barr, the U.S. Federal Reserve’s Vice Chair for Supervision, has announced his resignation, effective on February 28, 2025, or sooner if a successor is appointed. Barr’s departure follows growing criticism from the crypto community,