Backing Away from a Fight, Barr to Exit Vice Chairman Role

Also, new disclosures provide more grist in the crypto debanking flap

Michael Barr waved the white flag.

The announcement this morning that the Fed’s top banking overseer would give up his vice chairman for supervision post took many in Washington and on Wall Street by surprise, especially after he insisted in late November that he intended to serve out his term. But Barr, sources say, decided that keeping the job wasn’t w…