Michael Barr spoke at the Council on Foreign Relations in New York about concerns regarding debanking and regulations on cryptocurrency.

The Federal Reserve's top regulator said banks drop customers they see as too risky, and anti-money-laundering actions are ...

Competitive pressure around incorporating generative artificial intelligence could heighten risks in financial services, Michael Barr ... Relations event in New York City. That competitive ...

The central bank's Vice Chair for Supervision explored two hypothetical scenarios for generative AI's impact on humans in prepared remarks at the Council on Foreign Relations in New York.

In a hypothetical scenario where generative artificial intelligence (AI) adds only incremental progress to human development, there is a risk that its expected returns will ultimately be seen as ...

Remarks by Michael S. Barr, Vice Chair for Supervision and member of the Board of Governors of the Federal Reserve System, at the Council on Foreign Relations, New York, New York. Michael S. Barr is ...

The Fed's vice chairman for supervision, Michael Barr, said the popularity of generative ... said at the Council on Foreign Relations in New York. “As GenAI agents will be directed to maximise ...

President Donald Trump is moving to give the White House direct control of independent federal regulators such as the ...

The Fed acted after Mr. Trump mandated a governmentwide hiring freeze, ordering that no federal position vacant at that time could be filled and no new positions created. The only exemptions were ...