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Banks, investors hope for lighter regulations after Fed's Michael Barr steps down
Bank stocks rose after Fed Vice Chair Michael Barr stepped down from his banking regulator role. Banks, investors are anticipating more lenient rules
Michael Barr stepped down to protect the Fed, says Mohamed El-Erian
Erian, chief economic advisor at Allianz and president of Queens’ College at Cambridge University, joins CNBC's 'Squawk Box' to discuss economic outlooks.
Federal Reserve Vice Chair Michael Barr to Step Down Amid Crypto Regulation Controversy
Michael Barr, the U.S. Federal Reserve’s Vice Chair for Supervision, has announced his resignation, effective on February 28, 2025, or sooner if a successor is appointed. Barr’s departure follows growing criticism from the crypto community,
RealClearMarkets
1d
The Fed's Stress Tests Are a Conceited Look Backwards
To this day it’s said that mark-to-market (MTM) accounting rules are what caused existential troubles for banks and ...
1d
Fed minutes show Wall Street pushed back expected end of balance sheet drawdown
Banks told the Fed ahead of the December policy meeting that they saw this process ending in June of this year.
17h
Fed News: Collins, Harker, Bowman, and More Talk Rate Cuts, Economy
At least four Federal Reserve officials are speaking Thursday, including Federal Reserve Bank of Boston President Susan ...
American Banker
18h
Fed's Bowman preaches pragmatism for regulation, supervision
Seen by many as a logical pick for the Federal Reserve's next vice chair for supervision, Gov. Michelle Bowman wants the ...
1d
Banks Are Racking Up Wins Even Before Trump Is Back in White House
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a ...
18h
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in ...
bankingdive
7d
Banking trade groups sue Fed over stress tests
The central bank, a day earlier, had said it aims to improve transparency and consider public comment on its stress-testing ...
3d
Fed Vice Chair Says He’s Leaving Role Early to Avoid Fight With Trump
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, ...
16h
Fed Officials Signal Interest Rates Likely on Hold for a While
Several Federal Reserve officials confirmed Thursday the US central bank will likely hold interest rates at current levels for an extended period, only cutting again when inflation meaningfully cools.
3d
Fed’s top Wall Street regulator to step down after Trump’s advisers pushed to demote him
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
1d
on MSN
NY Fed beats lawsuit by Puerto Rican bank over Venezuela-related account cutoff
A U.S. judge on Wednesday dismissed a Puerto Rican bank's lawsuit challenging the Federal Reserve Bank of New York's decision ...
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