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The Latest Breaking News from Michael Barr

Top Fed official: Silicon Valley Bank was "textbook case of mismanagement"

A congressional hearing on Silicon Valley Bank’s failure will begin on Tuesday.

Axios

The Fed raises interest rates again despite the stress hitting the banking system

The Federal Reserve raised its benchmark interest rate by a quarter percentage-point in an effort to curb high inflation. Some had called for the Fed to wait after two recent bank failures.

WEKU

Fed, under criticism for bank failure, faces tough decisions

The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that Silicon Valley Bank was at high risk of collapsing into what became the second-largest bank failure in U.S. history

The Independent UK

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SVB Collapse: Federal Reserve Reviewing Bank Failure

The results of a review of why Silicon Valley Bank in California failed will be released by the Federal Reserve in May.

The Street

How the Fed Broke Silicon Valley Bank

The Fed's anti-inflation measures had to hurt someone.

Reason

Family of feud shooting victim Michael Barr told Daniel Kinahan where to stick his 'blood money' compensation offer

Strabane native Michael Barr was executed on the orders of the ruthless Kinahan cartel

Irish Mirror

Grounded planes, crashed cars and poisoned water: How faulty software has left society on the edge of disaster

Travel meltdowns at Southwest Airlines and the FAA have exposed how deeply we depend on outdated or unreliable computer systems. Yet as Io Dodds discovers, cancelled flights and ruined holidays are only the tip of the iceberg

The Independent UK

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Grounded planes, crashed cars and poisoned water: How faulty software has left society on the edge of disaster

The Independent UK

Fed's top financial regulator urges 'guardrails' for crypto

The top U.S. banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies

The Independent UK

Fed's Powell urges broader regulation for stablecoins

Federal Reserve Chair Jerome Powell said that stablecoins will need greater regulation as they become more widely used by consumers

The Independent UK

Federal Reserve's new bank cop lays out regulatory agenda

Michael Barr signaled a consideration of more stringent requirements for Wall Street and tougher oversight of cryptocurrency activity.

Axios

Fed tackles inflation with its most diverse leadership ever

When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event

The Independent UK

Father of slain Michael Barr says Kinahan thug should have gotten life sentence

Kinahan cartel thug Martin Aylmer was sentenced for his involvement in Noel Kirwan's murder

Dublin Live

Dad of Dublin pub shooting victim says his son didn't get second chance as he slams killer's appeal

Exclusive: Mr Barr recently saw further justice for his son when convicted drug dealer Christopher Slator became the fourth person to be convicted over the murder last week.

Irish Mirror

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Irish Mirror

Feud victim’s sister blasts Kinahan cartel as third man jailed over Dublin pub murder

Exclusive: An emotional Ms Barr also said her family will never get over the murder of Michael – gunned down by the cartel at the height of the Kinahan-Hutch feud, a war that has now left 18 men dead

The Independent UK

Senate approves Michael Barr to Federal Reserve post

The Senate easily approved Michael Barr to be the Federal Reserve’s top banking regulator in a bipartisan vote Wednesday

Axios

Senate confirms Biden's pick for Federal Reserve bank cop

It's a win for the White House after a string of failed nominees for key financial regulator positions.

The Independent UK

Senate panel backs Michael Barr, Biden pick as Fed regulator

The nomination of Michael Barr, President Joe Biden’s choice to be the top regulator on the Federal Reserve’s Board of Governors, was approved by a congressional committee and sent on the full Senate

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The Independent UK

Fed nominee Michael Barr calls inflation 'far too high'

President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce high inflation and provide clear rules to govern financial innovation

Irish Mirror

Feud victim's dad hopes Kinahan cartel 'squirming' in Dubai bolthole as he meets lawyer suing mob boss

The lawyer, who is a former marine, has personally flown into Dublin over the weekend to make contact with various families to gain a better insight into what they have suffered

Tribune News Service

Senate confirms Powell to second term as Fed chairman

Jerome Powell sailed through the Senate on Thursday with strong bipartisan support for a second term as chairman of the Federal Reserve Board.

Roll Call

Senate confirms Powell to second term as Fed chairman - Roll Call

The Senate on Thursday confirmed Jerome Powell for a 2nd term as chairman of the Federal Reserve, the third Fed nominee confirmed this week.

WEKU

Senate approves Lisa Cook as first Black woman on Federal Reserve board of governors

Cook is only the second of Biden's five nominees for the Fed to win Senate confirmation. His Fed choices have faced an unusual level of partisan opposition.

The Independent UK

Senate approves Lisa Cook as first Black woman to Fed post

The Senate has confirmed Michigan State economist Lisa Cook to serve on the Federal Reserve’s board of governors

The Guardian - US

Will Biden ever stand up to the IMF’s abuses of power?

The IMF claims to deliver stability, strength, and solidarity. Its record shows the opposite

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