Federal Reserve's Barr announces resignation as Vice Chair for Supervision on February 28

ChainCatcher news, the Federal Reserve statement shows that Vice Chair Barr announced he will resign from his position as Vice Chair for Supervision on February 28, 2025.

The Federal Reserve statement indicated that Barr will continue to serve as a member of the Board of Governors, but does not intend to participate in significant rulemaking until a successor to the Vice Chair position is determined.