The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change
Among the many questions that banks have ahead of Donald Trump’s second inauguration next week, the identity of Michael Barr’s replacement as the top bank supervisor at the Federal Reserve is surely one of the most pressing.
Federal Reserve Vice Chair of Supervision Michael Barr's decision on Monday to resign ... of how Donald Trump will try to shape the U.S. central bank during his second term as president.
"All we want is a coherent, rational, holistically assessed regulatory framework that allows a bank to do their job ... The Fed's regulatory chief Michael Barr said last year a revised draft ...
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators ... Vice Chair of Supervision Michael Barr's decision on Monday to resign early ...
Michael Barr, the Federal Reserve's top regulatory ... groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law.
Jan 16 (Reuters) - Pakistan's central bank said on Thursday that the United Arab Emirates has confirmed rollover of its two deposits of $1 billion each placed with state bank of Pakistan for ...
French Hill, R-Ark. While Barr competed with Hill for the top spot on the committee, the lawmakers share similar views about bank regulation and policy, particularly as it concerns rural community banks. Hill included ideas that would help de novo banks ...
Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers expect to cut rates by a half percentage point to the 3.75%-4.00% range by the end of this year, a smaller reduction than they saw in September.
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.