Signals of Trump 2.0 going for deregulation? The Vice Chairman of the Federal Reserve in charge of financial regulation will resign early after Trump takes office.

According to the Federal Reserve's statement, Barr's resignation will take effect no later than February 28, and he will continue to serve as a Federal Reserve Governor until the term ends. The statement implies that he is stepping down as Vice Chairman of Supervision more than a year early to avoid potential legal disputes with the Trump administration. The media reports that Barr's decision does not indicate that Powell will also step down from the position of Federal Reserve Chairman early, but it casts a shadow over the prospects of the USA implementing new banking regulations that increase capital requirements.

wallstreetcnJan 7 07:16

VOO ETF Falls 1.1%

Dow Jones25minutes ago

ETFs See Record 2024 With Inflows North of $1T

Seeking Alpha03:59

Bubble or No Bubble? See What SA Analysts Have to Say

Seeking Alpha02:10

Yields May Persist Around 4.25% as Markets Reprice Fed's Neutral Rate: Carlyle Strategist

Seeking Alpha00:42

The market reduces interest rate cut bets! The USA's December ISM services PMI exceeded expectations, and the price index reached the highest level since the beginning of 2023.

After the release of two major data points that exceeded expectations: Traders are no longer betting entirely on the Federal Reserve lowering interest rates before July.

wallstreetcnJan 7 23:50