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 ...
Federal Reserve Vice Chair for Supervision Michael Barr said he plans to step down from his role by next month to avoid a protracted legal battle with the Trump administration. The announcement, a ...
Donald Trump’s return to the White House is overshadowing the Fed’s meeting this week, with policymakers expected to pause ...
Michael Barr, the Fed's vice president of supervision, said Monday he’ll step down from that role on Feb. 28 after serving in the position since July 2022 but will remain on the Fed’s board.
“I strongly value the independence of the Fed,” Barr told Michael Stratford and Victoria Guida in an interview. He said he chose to resign as vice chair — while maintaining his seat as a Fed ...
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.
"Michael Barr could have forced the Trump administration to jump over ... Peter Conti-Brown, a leading Fed scholar and professor at the University of Pennsylvania's Wharton School, called Barr's ...
WASHINGTON, Jan 6 (Reuters) - Michael Barr, the Federal ... but planned to keep his seat on the Fed's Board of Governors. Barr told Congress in November that he intended to serve out his term ...
U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story ...
The abrupt departure of a top official ensures that questions about the president's ability to chip away at the Fed’s prized independence will linger.
President Trump called for the Federal Reserve to lower interest rates on Thursday in his first public comments on the ...
"Michael Barr could have forced the Trump administration ... Peter Conti-Brown, a leading Fed scholar and professor at the University of Pennsylvania's Wharton School, called Barr's decision ...