Why bank stocks care that Michael Barr is stepping down as top …
3 days ago · Banking Why bank stocks care that Michael Barr is stepping down as top Fed banking cop As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks
Banks, investors hope for lighter regulations after Fed's Michael Barr ...
2 days ago · Citigroup shares closed up 2.5%, Bank of America rose 1.4%, and Wells Fargo edged up 1.1% as the banking giants’ stocks gave back some of their earlier gains.
Wall Street notches another win as Fed’s Barr clears the way for ...
2 days ago · 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. ... Bank stocks ...
Barr’s Exit as Fed’s Top Bank Cop Puts Capital Rules in Doubt
3 days ago · The KBW Bank Index climbed as much as 2.4%, to the highest intraday since Dec. 16, after the Fed announced that Barr would step down from the position. Bank Stocks Climb as Barr Exit Reinforces Deregulation Optimism. Barr has been a key figure in negotiations for the proposal, which intends to prevent future bank failures and a financial crisis.
Michael Barr to step down as the Fed’s head of banking …
3 days ago · Bank stocks rallied following the announcement. The SPDR S&P Bank exchange-traded fund that tracks the industry's leaders gained more than 1%. CNBC.com has reached out to the Trump transition team ...
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
3 days ago · Michael Barr will step down from his role as the Federal Reserve’s vice chair for supervision by Feb. 28, or sooner if President-elect Donald J. Trump appoints a successor, the Fed said on Monday.
Bank Stocks Surge After Fed’s Barr Steps Down From Vice Chair …
3 days ago · The Federal Reserve announced Monday that Michael Barr will step down from his role as vice chair for supervision at the central bank. ... Search News & Quotes ... Bank Stocks Surge After Fed’s ...
US bank regulator resigns before Trump term - BBC
3 days ago · Michael Barr, who had called for stricter oversight after a series of bank failures in 2023, has been a target of Republicans but had previously rejected suggestions he resign before his term ends ...
Bank Stocks Surge After Fed’s Barr Steps Down From Vice Chair …
Michael Barr will serve in his role as vice chair for supervision at the central bank until Feb. 28, 2025, or until a successor is confirmed, the Fed said. ... Bank Stocks Surge After Fed’s Barr ...
Fed announces Michael Barr to step down as Vice Chair for
3 days ago · Try Now>>See today’s best-performing stocks on TipRanks >>Read More on BAC:Federal Reserve Board announces Michael Barr to step downBank of America price target raised to $58 from $53 at ...