The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is ...
The US Federal Reserve's top banking regulator has announced his early resignation, avoiding a confrontation with ...
Michael Barr says his choice to step down from his role as Vice Chair for Supervision came down to the calculus that even ...
Some prominent Republicans on Capitol Hill used the opportunity to criticize Barr for his time as Fed vice chair. "Michael Barr has failed to meet the responsibilities of his position," said Tim ...
Mr Tim Scott, the most senior Republican on the Senate Banking Committee, said: “Michael Barr has failed to meet the responsibilities of his position.” “I stand ready to work with President ...
Trump advisers had been considering the unprecedented step of trying to strip Michael ... key Republican senators had signaled that they were eager for a showdown over Barr, including Sen.
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 ...
"Barr's resignation of the vice chair role, while remaining a governor, is actually very clever," Graham said. "It preserves ...