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Fed's Michael Barr to Resign

CNBC on MSN · 3d

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.

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.

The New York Times · 3d

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, including banks, lawmakers and even some of his colleagues.

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 ...

2don MSN

Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator

Federal Reserve Vice Chair for Supervision Michael Barr said he plans to step down from his role by next month to avoid a ...

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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