The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
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. As rumors mounted that Trump might tr ...
“Michael Barr has failed to meet the responsibilities ... While in office, Trump criticized Fed policy, blasting the central bank for raising interest rates too quickly. It was reported Trump ...
WASHINGTON (Reuters) -Michael Barr, the Federal Reserve's ... President-elect Donald Trump over his future at the U.S. central bank. Barr said in a statement he was stepping down from his role ...
For example, central bank independence seems to go hand-in-hand with lower inflation when the rule of law is strong. But, in ...
Still, some analysts continue to see in the central bank's recent actions some chipping away at Fed independence. Earlier in ...
Michael Barr’s departure as vice chair for supervision at the Federal Reserve could help pave the way for bitcoin and other crypto assets to have a broader role in the U.S. financial system.
President Trump called for the Federal Reserve to lower interest rates on Thursday in his first public comments on the ...