Fed’s top bank cop to step down, averting potential clash with Trump
Source: Politico
Politico.com - For more and to sign up click here The Federal Reserve’s top regulatory official, Michael Barr, announced Monday that he will step down in the coming weeks, clearing the way for President-elect Donald Trump to reshape federal banking regulation. Barr, who has served as the Fed’s vice chair for supervision since 2022, said he would resign from that role by Feb. 28 or earlier if his successor is…
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