The Trump administration is exploring the removal of Federal Reserve Governor Michael Barr, Bloomberg News reported on the 22nd, citing multiple sources. The focus is an external investigation by the Fed into the spring 2023 collapse of Silicon Valley Bank (SVB), with the move seen as an effort to hold Barr accountable—he was the Fed's Vice Chair for Supervision and the top official responsible for bank oversight at the time. Within the administration, officials are informally discussing whether the external probe's findings could provide "cause" for dismissal. However, the White House has expressed a negative ... (full story)