Exclusive-Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
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Source: Yahoo! Finance
options against any attempts by President-elect Donald Trump to remove him, sources said, the latest sign that a conflict might be looming between the incoming administration and the central bank. Barr, who was tapped to serve as the Fed's top regulatory official by President Joe Biden, has in recent weeks sought advice from law firm Arnold & Porter in his personal capacity, two of the sources said. The Fed declined to comment via a spokesperson. Representatives for Arnold & Porter and the Trump transition did not respond to requests for comment. Barr did not respond to a call or email requesting comment. Barr, whose term overseeing bank supervision expires in July 2026, has told Congress that he intends to serve it out. Reuters could not learn further details about Barr's discussions with lawyers, including whether he would fight his removal or not. The sources requested anonymity to speak about Barr's plans. Barr's move comes after reports in recent months that Trump's adv
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FCNCA
News
- An Invisible Majority: Finding Financing For Small Businesses [Forbes]Forbes
- First Citizens BancShares, Inc. (NASDAQ: FCNCA) was downgraded by analysts at Citigroup Inc. from a "strong-buy" rating to a "hold" rating.MarketBeat
- Elliott-backed life insurer draws takeover interest in Wall Street's hottest corner [Yahoo! Finance]Yahoo! Finance
- China Pushes Back Against Bond Frenzy, Sends Yields Climbing [Yahoo! Finance Canada]Yahoo! Finance Canada
- US bank regulator considering legal action against former SVB executives [Yahoo! Finance]Yahoo! Finance
FCNCA
Earnings
- 10/24/24 - Miss
FCNCA
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- FCNCA's page on the SEC website