When autocomplete results are available use up and down arrows to review and enter to select.
The Federal Reserve announced that Michael Barr will step down from his position as vice chair for supervision on Feb. 28.
Details: Barr’s term as vice chair for supervision was slated to run until 2026. Barr will continue to serve as a Fed governor, with that term scheduled to run into 2032.
Regulatory Outlook: The Fed said its board does not intend to take up any major rulemakings until a vice chair for supervision successor is confirmed.