Who is Michael Barr, the Fed’s new vice-chair for supervision?

The Fed’s vice-chair for Supervision is an important point person for determining the direction of not just US but also international financial rules. Previous vice-chairs have helped craft and refine Dodd-Frank, then worked to roll back Dodd-Frank, and have led groups like the Financial Stability Board. A look at the individual can tell us a lot about the direction of future travel.
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