Former Ripple Advisor Michael Barr Will Supervise the Federal Reserve
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Michael Barr played advisor to the embattled Ripple Labs in 2015 Fed chief Jerome Powell has said Barr’s role is “charged with setting the regulatory agenda” The Senate has confirmed former Ripple advisor Michael Barr as a top banking watchdog at the US Federal Reserve, after he received bipartisan support on Tuesday. President Joe Biden nominated Barr to the role of vice chair for supervision of the Federal Reserve in April owing to his career in consumer protection and his role in shaping the 2010 Dodd-Frank Act following the 2008 financial crisis. Barr, once pegged to serve as comptroller of