Michael S. Barr
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Michael S. Barr
Michael S. Barr (born ) is an American legal scholar who has been the second vice chair of the Federal Reserve for supervision since 2022. From 2009 to 2011, he was assistant secretary of the treasury for financial institutions under President Barack Obama. Outside of government, Barr was the Dean of Public Policy and Professor of Public Policy at the University of Michigan's Gerald R. Ford School of Public Policy, Professor of Law at the University of Michigan Law School and faculty director of the University of Michigan's Center on Finance, Law, and Policy. Barr is a Fellow of the National Academy of Public Administration. Early life and education Barr attended Yale College and graduated ''summa cum laude'' with honors in history in 1987. At Yale, he won the New Prize for public service and the Gries Prize for his senior history thesis, "The Black Consciousness Movement in South Africa". He went on to earn his M.Phil. in international relations in 1989 as a Rhodes Scholar ...
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Assistant Secretary Of The Treasury For Financial Institutions
The Assistant Secretary of the Treasury for Financial Institutions is an official in the United States Department of the Treasury who is the head of the Office of Financial Institutions. The office "helps formulate policy on financial institutions and government-sponsored enterprises, cybersecurity and critical infrastructure protection." The post is currently held by Graham Steele Graham J. Steele (July 8, 1964, Winnipeg, Manitoba) is a Canadian lawyer, author, and former politician, having represented the constituency of Halifax Fairview in the Nova Scotia House of Assembly from 2001-2013 for the Nova Scotia New De ..., with President Joe Biden nominating him to lead the office on July 19, 2021. The office was formed in 1976 by Secretary of the Treasury William E. Simon as the ''Assistant Secretary for Capital Markets and Debt Management''. According to U.S. statute, there are ten Assistant Secretaries of the Treasury appointed by the President of the United Stat ...
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Vice Chair Of The Federal Reserve
The vice chair of the Board of Governors of the Federal Reserve System is the second-highest officer of the Federal Reserve, after the chair of the Federal Reserve. In the absence of the chair, the vice chair presides over the meetings Board of Governors of the Federal Reserve System. The vice chair and the vice chair for supervision each serve a four-year term after being nominated by the president of the United States and confirmed by the United States Senate, and they serve concurrently as members of the Board of Governors. Both vice chairs may serve multiple terms, pending a new nomination and confirmation at the end of each term, with Ronald Ransom as the longest serving vice chair from 1936 to 1947. They cannot be dismissed by the president before the end of their term. The position of vice chair is currently held by Lael Brainard who was sworn in on May 23, 2022. The position of vice chair for supervision is currently held by Michael Barr who was sworn in on July 19, 20 ...
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