Fed’s Top Regulator Michael Barr to Resign Early to Avoid ‘Dispute’ Over Role
Investors anticipate a change in regulatory pursuits at the Federal Reserve. Michael Barr, the Federal Reserve’s vice chair for supervision, confirmed he will step down on Feb. 28 to avoid a distraction over the central bank’s banking regulatory mission. Barr announced on Jan. 6 that he would resign before his term expires in July 2026.