Michael Barr to Step Down as Fed Vice Chair for Supervision
The post Michael Barr to Step Down as Fed Vice Chair for Supervision appeared first on Coinpedia Fintech News
Michael Barr, the Federal Reserve’s Vice Chair for Supervision, will resign on February 28 or earlier if a successor is confirmed. Barr cited concerns about potential disputes with the incoming Trump administration as a reason for stepping down, though he will remain a Fed governor. Known for his influence on banking and crypto regulation, Barr advocated for stablecoin oversight, drawing mixed reactions. Critics, like Senator Tim Scott, blamed him for supervisory failures, while analysts see his departure as signaling increasing politicization of financial regulation. Michelle Bowman is a likely candidate to succeed him.
XRP Lawsuit in the Rearview, Ripple Goes Full Speed Ahead with $1.25B Deal
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Pi Coin Price Drops 4% as New Whale Buys 48 Million Tokens: What It Means for Investors
The post Pi Coin Price Drops 4% as New Whale Buys 48 Million Tokens: What It Means for Investors app...
XRP ETF Incoming: SEC Approves April 30 Launch for ProShares
The post XRP ETF Incoming: SEC Approves April 30 Launch for ProShares appeared first on Coinpedia Fi...