Fed’s Barr
Fed vice chair for supervision Michael Barr is anxious. He was appointed in 2022 for a time period that lasts till 2032 however is anxious that Trump could attempt to take away him.
Reuters stories that he sought recommendation from regulation agency Arnold & Porter.
I am doubt that is significant for markets nevertheless it does communicate to actual worries round Trump and the Fed. It additionally speaks to how strongly he may really feel (or his donors may really feel) about financial institution regulation.
Barr, like Quarles earlier than him, not often weighs in on financial coverage and virtually at all times focuses on regulation and supervision of banks.
