RSS Fed's Barr will resign from banking supervision role in February but will stay as governor

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 RSS Fed's Barr will resign from banking supervision role in February but will stay as governor

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The Fed's top bank regulator will leave his post on Feb 28, rather than fighting to keep his position, as he previously indicated.

In a statement, he said that a 'dispute' over his position could be a distraction.

However Barr says that he will remain as a Fed Governor through his full term.

This article was written by Adam Button at www.forexlive.com.
 
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