Fed's Top Banking Cop Michael Barr Plans to Serve Full Term Amid Trump's Dismissal Threat

Michael Barr, the Federal Reserve's top banking regulator, has stated his intention to complete his full term, regardless of any attempts by President-elect Donald Trump to dismiss him. This assertion aligns with the stance of Federal Reserve Chair Jay Powell, who similarly indicated he would not resign if faced with termination by Trump. Barr's comments were made in response to inquiries about his future under a Trump administration, reinforcing his commitment to his role at the Fed.