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Fed's Michael Barr to Resign
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.
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.
Michael Barr Hands the Fed’s Financial Regulation Powers to Trump
One big problem with American government is that, partly because it is nearly impossible to pass normal legislation anymore, the federal agency structure is never rationalized or streamlined. New agencies are just piled up over time in an endlessly growing tangle of bureaucracy.
1d
on MSN
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 ...
1d
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 ...
American Banker
16h
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 ...
CoinDesk
1d
U.S. Fed’s Michael Barr to Step Down as Vice Chair for Supervision
Michael Barr, the U.S. Federal Reserve’s vice chair for supervision, will step down from his position on Feb. 28 — or earlier ...
The Daily Hodl
1d
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.
1d
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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