What's Going On With Bank of America Shares Monday?
What's Going On With Bank of America Shares Monday?
While Barr did not explicitly mention Trump in his statement, he said, "The risk of a dispute over the position could be a distraction from our mission. In the current environment, I've determined that I would be more effective in serving the American people from my role as governor."Bank of America Corporation (NYSE:BAC) shares are moving higher on Monday, along with other U.S. bank stocks, after the Federal Reserve Board Vice Chair for Supervision Micheal Barr announced will he will step down.
美國銀行公司（紐交所：BAC）股票在星期一上漲，與其他美國銀行股票一同上漲，此前聯邦儲備委員會監管副主席米歇爾·巴爾宣佈他將辭職。
What To Know: Barr's resignation from his vice chair position is set to take effect on Feb. 28, however, he will remain on the Federal Reserve Board as a governor, according to CNBC. His term as governor runs until 2026.
要點：巴爾辭去副主席職務將於2月28日生效，但據CNBC報道，他將繼續擔任聯邦儲備委員會的理事。他的理事任期將持續到2026年。
The announcement comes amid speculation that Barr resigned to avoid potential removal by President-elect Donald Trump, who takes office in late January.
此公告是在猜測巴爾辭職是爲了避免被總統當選人特朗普罷免的背景下作出的，特朗普將於1月底上任。
While Barr did not explicitly mention Trump in his statement, he said, "The risk of a dispute over the position could be a distraction from our mission. In the current environment, I've determined that I would be more effective in serving the American people from my role as governor."
雖然巴爾在他的聲明中沒有明確提到特朗普，但他說：「關於這個職位的爭議風險可能會分散我們使命的注意力。在當前環境下，我認爲以理事的角色更能有效地服務於美國人民。」
There is further speculation that Trump aims to replace Barr with someone more bank-friendly. The incoming president will be limited to choosing from the current seven Federal Reserve Board members, as the board is at its cap.
還有進一步的猜測認爲特朗普的目標是用更傾向於銀行的候選人取代巴爾。新總統的選擇將限於當前的七位聯邦儲備委員會成員，因爲委員會人數達到了上限。
Other bank stocks also trading higher following the announcement, include Goldman Sachs Group, Inc. (NYSE:GS) and Morgan Stanley (NYSE:MS). Goldman stock is trading 1.69% higher at $589.92 and Morgan stock is moving 2.88% higher at $129.57, per data from Benzinga Pro.
其他銀行股票也在公告後上漲，包括高盛集團（紐交所：GS）和摩根士丹利（紐交所：MS）。高盛的股票上漲1.69%，當前價格爲$589.92，摩根的股票上漲2.88%，當前價格爲$129.57，數據來源於Benzinga Pro。
Related Link: FlexShopper Shares Jump On Holiday Season Success, Clocks 45% Increase In December New Customer Applications
相關鏈接：Flexshopper股票因假期季節成功而大漲，12月新客戶申請增加45%。
BAC Price Action: At the time of writing, Bank of America shares are trading 2.05% higher at $45.74, according to data from Benzinga Pro.
BAC價格動態：在撰寫本文時，美國銀行股票上漲2.05%，當前價格爲$45.74，數據來源於Benzinga Pro。
Image: Photo via Shutterstock
圖片：通過Shutterstock獲取的照片