Federal Reserve Vice Chairman for Supervision Michael Barr's resignation was tendered in order to avoid a possible clash with Trump over his role.

Michael Barr will continue to serve on the Federal Reserve’s board of governors, the central bank said Monday.

His decision to step down was fueled, in part, by the fact that a “risk of a dispute over the position” could be a distraction from the Fed’s mission of supervision and regulation of the financial system,

WASHINGTON (Reuters) -Michael Barr, the Federal Reserve's top regulatory cop ... Barr said he was stepping down as the central bank's vice chair for supervision over a year before his term was set to expire in July 2026, but planned to keep his seat ...

Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.

In his letter of resignation, Federal Reserve Vice Chair for Supervision Michael Barr said an attempt by the Trump White House to remove him could create a "distraction" for the Fed. He plans to retain his seat on the Board of Governors,

Michael Barr, the Federal Reserve’s vice chair for supervision, announced that he would step down on Monday amid speculation President-elect

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.

President-elect 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. As rumors mounted that Trump might try ...

Federal Reserve Vice Chair for Supervision Michael Barr plans to step down from the role, bypassing a potential battle with President-elect Donald Trump over his position and raising questions about the future of a landmark bank-capital proposal.

Michael Barr's surprise announcement that he will step down as the Federal Reserve's chief regulator could ultimately mean little for the central bank's approach to regulation under the incoming Trump administration.

Michael Barr, the Federal Reserve's vice chair for supervision, announced his early resignation on February 28, clearing the path for President-elect Donald Trump to appoint new bank regulators. Barr's exit allows Trump to pursue a more industry-friendly financial agenda despite ongoing concerns about central bank independence.