Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel III endgame proposal to lift capital requirements for banks, said he would step down by Feb. 28, or sooner if a successor is named.
"Barr's resignation of the vice chair role, while remaining a governor, is actually very clever," Graham said. "It preserves ...
Michael Barr's surprise announcement that he will step down as the Federal Reserve's chief regulator could ultimately mean ...
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