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Top Fed bank regulator Michael Barr to resign

Hosted on MSN · 1d

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 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.

CNBC on MSN · 2d

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.

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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 ...

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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 ...

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