FED BANK

Advertisement
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 su

reading time less than a minute