Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
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Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - 1d -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - 1d -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - 1d -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - 1d -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - 1d -
Fed’s top bank cop to step down, averting potential clash with Trump
Politico - 1d -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - 6d -
Wall Street ends 2024 on down note but made substantial gains for the year
Wall Street ended 2024 with stocks slipping, but NBC News' Brian Cheung reports that overall, the year was good for investors.NBC News - Dec. 31
More from CNBC
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Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15-to-30 years away
Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.CNBC - 45m -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - 15m -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The President-Elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - 51m -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - 18m -
European Union won't allow attacks on borders, French minister says after Trump's Greenland comments
In an interview on Wednesday, Jean-Noël Barrot addressed the U.S. President-elect's interest in Greenland.CNBC - 27m
More in Business
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Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 5m -
Will Meta’s Plan to End Fact Checking Work Politically?
Meta’s plan to end its fact-checking program shows how business leaders are shifting their priorities to adapt to another Trump administration.The New York Times - 8m -
UK special forces had ‘golden pass’ to carry out killings in Afghanistan, inquiry hears
Military operated under ‘code of silence’, according to testimonies from probe into suspected war crimesFinancial Times - 14m -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - 15m -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - 18m