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Michael Barr to step down as the Fed’s head of banking supervision to avoid clash with Trump
[CNBC]
  • Michael Barr, the Federal Reserve’s top banking regulator, will be stepping down Feb. 28, though he will stay on as governor.

  • There had been speculation that President-elect Donald Trump might replace Barr after he takes office Jan. 20.

  • Barr said in a statement that “the risk of a dispute over the position could be a distraction from our mission.”


Posted by: trailing wife 2025-01-11
http://www.rantburg.com/poparticle.php?ID=734774