Jan 06 2025POLITICS
Banking Watchdog Steps Down to Avoid Trump Clash
The Federal Reserve's top banking regulator, Michael Barr, is leaving his supervisory role next month. This move comes amid speculation that President-elect Donald Trump wants a more bank-friendly candidate. Barr will stay on as a Fed governor until 2026, but his resignation as the vice chair for supervision is effective February 28. He cited potential disputes with ...
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