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Barr’s plea for tight US Fed bank oversight sure to fall on deaf ears

By Neil Roland ( July 17, 2025, 17:03 GMT | Comment) -- US Federal Reserve Governor Michael Barr’s pleas to keep tight bank regulation to stave off economic crisis are sure to be disregarded by his Fed colleagues. In a speech yesterday, the Fed’s bank regulator under President Joe Biden explored three historic booms and busts, and the role played by deregulation in each economic contraction. US Federal Reserve Governor Michael Barr’s pleas to maintain tight regulation of banks to stave off economic crisis are sure to be disregarded by his Fed colleagues. In a speech yesterday, the Fed’s bank regulator under former President Joe Biden explored three historic booms and busts, and the role played by deregulation in each contraction....

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