Federal Reserve Vice Chairman for Supervision Michael Barr's resignation was tendered in order to avoid a possible clash with Trump over his role.

Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.

Michael Barr will continue to serve on the Federal Reserve’s board of governors, the central bank said Monday.

Michael Barr, the Federal Reserve's top regulatory official, said on Monday he plans to step down from that post on Feb. 28, avoiding a potentially messy legal fight with President-elect Donald Trump over his future at the U.

In his letter of resignation, Federal Reserve Vice Chair for Supervision Michael Barr said an attempt by the Trump White House to remove him could create a "distraction" for the Fed. He plans to retain his seat on the Board of Governors,

Federal Reserve Vice Chair of Supervision Michael Barr’s unexpected resignation on Monday signals the beginning of a pivotal shift in how the US central bank might operate under a potential second term for former President Donald Trump.

Michael Barr, the Federal Reserve’s vice chair for supervision, announced that he would step down on Monday amid speculation President-elect

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.

Federal Reserve Vice Chair of Supervision Michael Barr's decision on Monday to resign early from his regulatory oversight role sets up an early test of how Donald Trump will try to shape the U.S. central bank during his second term as president.

Michael Barr, the Federal Reserve's top regulatory cop, said he will step down on Feb. 28, in a surprise move that will avert a potentially messy legal fight with President-elect Donald Trump who is now free to replace him with an official of his choosing.

President-elect 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 try ...

Michael Barr, the Federal Reserve's vice chair for supervision, announced his early resignation on February 28, clearing the path for President-elect Donald Trump to appoint new bank regulators. Barr's exit allows Trump to pursue a more industry-friendly financial agenda despite ongoing concerns about central bank independence.