Fed’s Barr, top banking cop, resigns as banks look for softer rules
Silicon Valley Bank, Signature Bank collapse. Could more banks follow? How is the government responding to the Silicon Valley Bank failure? Here’s what we know. Just the FAQs, USA TODAY Bank stocks rose Monday on the prospect of more lenient…
Fed’s Michael Barr Announces Departure Ahead of Trump Arrival
The Federal Reserve’s top banking regulator plans to step down in late February. Michael Barr, the central bank’s vice chair for supervision, is due to leave Feb. 28, the Fed said in a news release Monday (Jan. 6). Barr’s departure…
Federal Reserve’s top bank regulator to step down early to avoid Trump clash
The US Federal Reserve’s top bank regulator on Monday announced he will step down from his position next month, avoiding a clash with president-elect Donald Trump. The decision by Michael Barr, the Fed’s vice chairman for banking supervision, comes after…
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, if a successor is confirmed — according to a Monday announcement from the Federal Reserve. Barr will continue to…
If you report on the U.S. economy, get to know these data sources
Facebook Twitter LinkedIn Reddit Email From the Federal Reserve to the Bureau of Economic Analysis to the Bureau of Labor Statistics, there are a variety of free federal sources journalists can turn to for high-quality data on the U.S. economy….
Federal Reserve’s top financial regulator to resign
Michael Barr, the Federal Reserve’s top financial regulator, announced his resignation as vice chair for supervision effective February 28th, amid potential conflicts with the incoming Trump administration and Senate Republicans. Barr’s resignation allowed him to avoid a confrontational situation with…
Fed bank regulator 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, saying…
Fed’s Barr resigning as top bank cop, avoiding potential clash with Trump
The Federal Reserve official’s surprise decision to step down in February raises questions about a key regulatory proposal targeted at the country’s largest lenders. Federal Reserve Vice Chair for Supervision Michael Barr plans to step down from the role, bypassing…
Top Federal Reserve Bank Regulator to Step Down to Avoid Clash With Trump
The Federal Reserve’s top banking regulator, Michael Barr, announced his resignation on Monday, sidestepping what could have been a contentious standoff with the Republican-led Senate and the incoming Trump administration. Why It Matters Barr’s departure, set for February 28, comes…
The Resignation of Federal Reserve Vice Chair for Supervision Is a Dangerous and Indefensible Capitulation to Deregulation Bullies
WASHINGTON, D.C.— Dennis Kelleher, President, CEO and Co-founder of Better Markets, issued the following statement in response to the Federal Reserve’s announcement today that the Vice Chair for Supervision will be resigning. “The Vice Chair said today in his shocking resignation…