Fed's Barr to step down from supervision role

Mon, Jan 6, 2025, 9:11 AM

The US Federal Reserve announced that Michael Barr is stepping down from his role as Federal Reserve Board Vice Chair for Supervision effective February 28, 2025 or earlier if a successor is confirmed. Barr will remain a member of the Federal Reserve Board of Governors.

Yahoo Finance Federal Reserve Reporter Jennifer Schonberger reports the breaking details.

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This post was written by Stephanie Mikulich.