His proposed financial regulations were deemed “disastrous" by a Republican senator.
The Federal Reserve official's surprise decision to step down in February raises questions about a key regulatory proposal targeted at the country's largest lenders.
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.
JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday.
Fed governor Michael Barr said in a letter to President Biden that he would ... The proposal sparked fierce opposition from the largest financial firms, including JPMorgan Chase, and was sharply criticized by Senate Republicans. During last year’s ...
The Federal Reserve Board announced that Michael Barr will step down from his position as Federal Reserve Board Vice Chair for Supervision,
Federal Reserve Vice Chair for Supervision Michael Barr plans to step down from the role, bypassing a potential battle with President-elect Donald Trump over his position and raising questions about the future of a landmark bank-capital proposal.
Keefe Bruyette views the Federal Reserve’s Vice Chair for Supervision, Michael Barr, plan to step down on February 28 as a “strong catalyst”
Fed governor Michael Barr said in a letter to President ... opposition from the largest financial firms, including JPMorgan Chase, and was sharply criticized by Senate Republicans.
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Investors received good news with lower inflation rates and potential deregulation, making bank stocks like GS, BK, C, and WFC attractive for 2025.