Feds ease up on stress tests, agree on need for bank-access fix
Coming out of last year’s stress tests, several banks maintained beefed-up stress-capital buffers, which typically diverts ...
Hosted on MSN1mon
Michael Barr’s Exit Could Mark End of US Banks’ Crypto Stalemate
Federal 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.
Hosted on MSN1mon
Michael Barr's resignation isn't abnormal – but it limits Trump's appointment powers
Why 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 ...
InvestmentNews13h
Fed says 22 Wall Street banks will be stress-tested
In the 2025 stress-test scenario, the US unemployment rate would rise almost 5.9 percentage points to 10%. That hike would come with severe market volatility, widening corporate bond spreads, a 33% ...
Hosted on MSN1mon
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 ...
Hosted on MSN1mon
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 ...
Wall Street Journal28d
Pro Take: Crypto Could Get a Boost as Barr Departs as Fed’s Supervisory Head
Michael Barr’s departure as vice chair for supervision at the Federal Reserve could help pave the way for bitcoin and other crypto assets to have a broader role in the U.S. financial system.
Hosted on MSN1mon
Federal Reserve bank regulator Michael Barr to step down
T he United States Federal Reserve’s Michael Barr is set to resign as vice chair for supervision — marking the latest exit by a US official apparently linked to “Operation Chokepoint 2.0 ...
Politico1mon
What Michael Barr’s decision means for Fed independence
Act on the news with POLITICO Pro. Incoming President Donald Trump didn’t have to ask Federal Reserve Vice Chair Michael Barr to step down from his role as the central bank’s top regulator.