Fed Vice Chair Michael Barr on AI risks, state of the economy and resignation
CNBC's Andrew Ross Sorkin reports on the latest news. NHL Announces Huge Ratings in North America for Canada-USA in 4 Nations ...
American Banker2d
Fed's Barr urges new regulators to uphold standards
Federal Reserve Vice Chair for Supervision Michael Barr urged the Trump administration to continue reforms initiated under ...
Barr underscores importance of Fed's independence
Federal Reserve Vice Chair for Supervision Michael Barr speaks at Georgetown University Law Center in Washington. Barr is ...
American Banker5d
Fed's Barr: No evidence of political debanking
The Federal Reserve's top regulator said banks drop customers they see as too risky, and anti-money laundering actions are ...
Fed's Barr, stepping down from regulatory post, warns against weaker bank rules
The Federal Reserve's top regulatory official cautioned Thursday against a weakening of bank rules and oversight that could make firms vulnerable to surprise shocks. Fed Vice Chair for Supervision ...
Fed’s Barr Gives Warning on Risks a Week Before Leaving Role (1)
The Federal Reserve’s top bank cop, Michael Barr,implored regulators to stay vigilant about risks to the financial system as ...
cryptopolitan4d
Federal Reserve’s Michael Barr talks about the large-scale risks of AI’s speed
The Federal Reserve's Vice Chair for Supervision, Michael Barr, said that AI's attractive traits present major risks. He signaled toward potential large-scale ...
USA Today2d
Fed's Barr, stepping down from regulatory post, warns against weaker bank rules
Fed Vice Chair for Supervision Michael Barr, who is stepping down from the regulatory post at the end of February, cautioned against any push to significantly weaken existing bank rules and ...
InvestmentNews5d
Fed's Barr sounds off on risks from AI's speed
The top cop at the Federal Reserve speaks out on possible herding behavior, with economic "gains being realized only by a ...
Fed's Barr: Firms heavily invested in gen AI could see stock corrections
Fed's Vice Chair for Supervision Michael Barr explores two hypothetical scenarios for generative AI's impact. Read more here.
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Federal Reserve Official Urges Strong Banking Regulations Ahead of Departure
Federal Reserve Vice Chair Michael Barr warns against weakening bank rules as he steps down. He emphasizes the need for robust capital requirements and the completion of Basel III standards. Barr ...