Fed Vice Chair for Supervision Michael Barr, who is stepping down from the regulatory post at the end of February, cautioned against any push to significantly weaken existing bank rules and ...
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Michael Barr's resignation isn't abnormal – but it limits Trump's appointment powersWhy it matters: Michael Barr's self-demotion clears the way for President-elect Trump to appoint a vice chair for supervision. It is no radical departure from past precedent: Fed governors have ...
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Michael Barr’s Exit Could Mark End of US Banks’ Crypto StalemateFederal Reserve Vice Chair Michael Barr, known for his strict anti-crypto stance, will resign on Feb. 28. Barr’s exit could herald a shift towards a more crypto-friendly regulatory environment.
Michael Barr defended the Federal Reserve’s independence and oversight role Thursday, two days after the White House issued an executive order that could exert greater control over the central ...
But generative AI use could “lead to herding behavior and the concentration of risk, potentially amplifying market volatility,” Vice Chair for Supervision Michael Barr said Tuesday in prepared ...
The Federal Reserve’s top bank cop, Michael Barr, implored regulators to stay vigilant about risks to the financial system as he gets ready to step down from his role as vice chair for ...
To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Michael Barr, the Federal Reserve’s vice chair for supervision, advocated for robust regulation and ...
Federal Reserve Vice Chair for Supervision Michael Barr said the attributes that make artificial intelligence attractive are the same ones that present risk, with speed and automaticity generating ...
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