Senate Banking Committee ranking member Tim Scott (R-SC) criticized his tenure and highlighted the bank failures that happened under his watch in spring 2023. “Michael Barr has failed to meet ...

WASHINGTON (NEXSTAR) — The U.S. Senate is gearing up for a busy week of confirmation ... On Monday, the Fed’s top financial regulator, Michael Barr, announced his resignation after facing threats from ...

Michael Barr, vice chair for supervision for the ... A successor would require approval from the incoming Republican-controlled U.S. Senate.

avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate. Fed governor Michael Barr said in a letter to President Biden that he would step down as ...

Michael Barr is out. The Federal Reserve’s Vice Chair ... These appointments require Senate confirmation, but with Republicans controlling the chamber, Trump has a freer hand to shape the ...

The FBI director, IRS commissioner and vice chair of the Federal Reserve, all criticized by Republicans, have opted to resign ...

Michael Barr, the Fed's vice president of supervision ... In a statement, Tim Scott, R-S.C., incoming chair of the Senate Banking Committee, assailed Barr both for his push for tougher regulations ...

Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...

Trump advisers had been considering the unprecedented step of trying to strip Michael ... from Senate Republicans is notable, as their support would be required to replace Barr.