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Federal Reserve Vice Chairperson of Supervision Barr will step down, paving the way for Trump's financial regulatory overhaul
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 Trump to reshape federal banking regulation. Barr, who has served as the Fed's vice chairperson for regulation since 2022, said he would step down on Feb. 28 or earlier if a successor is confirmed. He said he would continue as a federal...
2025-01-06 18:12:05
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