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Reuters

Reuters

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Business & Economics

Exclusive-Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say

Reuters
Summary
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72% Informative

Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him.

Barr 's move comes after reports in recent months that Trump 's advisers were looking for ways to increase the incoming White House’s sway over the Fed .

Barr has earned powerful critics on Wall Street and elsewhere for his tough approach to financial regulation.

VR Score

83

Informative language

90

Neutral language

13

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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