Trump-picked leaders at the FDIC and OCC along with a new supervisory point person at the Fed may lead to softer crypto regulation.

Michael Barr, the U.S. Federal Reserve’s vice chair for supervision, will step down from his position on Feb. 28 — or earlier, if a successor is confirmed — according to a Monday announcement from the Federal Reserve. Barr will continue to serve as a member of the Federal Reserve Board of Governors.

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,

Barr's early resignation from the Fed’s regulatory oversight role paves the way for Trump’s influence over the central bank.

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

The Fed says it intends to not make any major banking regulation decisions until the new successor is appointed.

Erian, chief economic advisor at Allianz and president of Queens’ College at Cambridge University, joins CNBC's 'Squawk Box' to discuss economic outlooks.

Michael Barr, the U.S. Federal Reserve’s Vice Chair for Supervision, has announced his resignation, effective on February 28, 2025, or sooner if a successor is appointed. Barr’s departure follows growing criticism from the crypto community,