The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

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. As rumors mounted that Trump might tr ...

“Michael Barr has failed to meet the responsibilities ... While in office, Trump criticized Fed policy, blasting the central bank for raising interest rates too quickly. It was reported Trump ...

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 elected to end his term as the Federal Reserve's top ... legal fight with the incoming Trump administration off the table for himself and the central bank. Barr said the self-demotion ...

For example, central bank independence seems to go hand-in-hand with lower inflation when the rule of law is strong. But, in ...

Still, some analysts continue to see in the central bank's recent actions some chipping away at Fed independence. Earlier in ...

President Trump called for the Federal Reserve to lower interest rates on Thursday in his first public comments on the ...

Michael Barr’s departure as vice chair for supervision at the Federal Reserve could help pave the way for bitcoin and other crypto assets to have a broader role in the U.S. financial system.

"I came to the conclusion that the likelihood of this being a political distraction for the Fed was very high and that, on balance, it made sense for me to step away from the position, rather than ...