Top Federal Reserve Bank Regulator, Under Fire From GOP

Odds the Federal Reserve will cut interest rates this month falls below 5%
The United States central banking system, the Federal Reserve, is less likely to cut rates this month during its regularly scheduled two-day meeting following stubbornly rising inflation.
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
Michael Barr said in a letter to President Biden he would step down as vice chair for supervision Feb. 28, or earlier if a successor was confirmed.
Top Federal Reserve Bank Regulator to Step Down to Avoid Clash With Trump
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.
Fed's Barr to resign early from regulatory job to avoid legal fight with Trump
Michael Barr, the Federal Reserve's top regulatory cop, said he will step down on Feb. 28, in a surprise move that will avert a potentially messy legal fight with President-elect Donald Trump who is now free to replace him with an official of his choosing.
Fed Vice Chair Barr Steps Down to Sidestep Potential Legal Battle With Trump
The Federal Reserve’s top supervisory official said he would step down from his position, avoiding a potential legal fight with the incoming Trump administration. He will stay on as a Fed governor.
Michael Barr to step down as Federal Reserve’s top Wall Street regulator
Your guide to what the 2024 US election means for Washington and the world Michael Barr is stepping down as Wall Street’s top regulator but will stay on as a governor at the Federal Reserve, the US central bank announced on Monday.
With Barr's exit from regulatory role, Trump gets early chance to reshape Fed
Federal Reserve Vice Chair of Supervision Michael Barr's decision on Monday to resign early from his regulatory oversight role sets up an early test of how Donald Trump will try to shape the U.S. central bank during his second term as president.
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
Federal Reserve Vice Chair for Supervision Michael Barr said he plans to step down from his role by next month to avoid a protracted legal battle with the Trump administration. The announcement, a reversal from Barr's previous comments on the matter,
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up ...
Hosted on MSN21d
FOMC Meeting Today: When And Where To Watch Jerome Powell's Rate Decision Press Conference Online
As the year draws to a close, all eyes are on the Federal Reserve’s final policy meeting of 2024. The Federal Open Market ...
PBS20d
WATCH: Fed Chair Powell holds news conference following quarter-point interest rate cut
WASHINGTON (AP) — The Federal Reserve cut its key interest ... Chair Jerome Powell said at a news conference. “We’re closer to the neutral rate, which is another reason to be cautious ...
Here's Where to Watch Fed Chair Powell's Press Conference Today
The Federal Reserve's latest interest-rate decision is expected at 2 p.m. ET today. Then Fed Chair Jerome Powell takes the stage.
Wall Street Journal20d
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision Wednesday to cut the benchmark federal-funds rate to a range between 4.25% and 4.5%, a two-year low, after the Fed cut ...
Yahoo20d
Fed drops its key rate but projects fewer cuts in 2025
Federal Reserve Chairman Jerome Powell speaks during a news conference on Dec. 18, 2024, in Washington, D.C. Powell ...
USA Today20d
Bitcoin drops after Powell says Federal Reserve 'not allowed' to own the cryptocurrency
The Federal Reserve Act says what we can own, and we’re not looking for a law change," Powell said at a Wednesday press conference. “That’s the kind of thing for Congress to consider ...
American Banker21d
Federal Open Market Committee press conference: Live coverage
WASHINGTON — The Federal Reserve is set to make its final policy move ... She added she will look to Powell's post-meeting press conference for an indication of what the Fed will do next. "I ...
The December Federal Reserve Meeting Started Tuesday—What You Need to Know
The Federal Reserve's policy committee kicked off its two-day meeting Tuesday amid expectations the central bank will cut interest rates for the third straight time. Here's what you need to know.
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.