Michael Barr Seeks Legal Advice
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Fed Chair Jerome PowellReuters
•Business
Business & Economics
Exclusive-Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say
72% Informative
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him.
Barr 's move comes after reports in recent months that Trump 's advisers were looking for ways to increase the incoming White House’s sway over the Fed .
Barr has earned powerful critics on Wall Street and elsewhere for his tough approach to financial regulation.
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90
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13
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formal
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English
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56
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