Fed Vice Chair Michael Barr: Making the financial system safer and fairer | Gerald R. Ford School of Public Policy
Type: Public event

Fed Vice Chair Michael Barr: Making the financial system safer and fairer

Hosted by the Hutchins Center on Fiscal and Monetary Policy at Brookings

Speaker

Michael S. Barr

Date & time

Sep 7, 2022, 2:00-3:00 pm EDT

Location

This is a Virtual Event.
Photo of Michael S. Barr in 2020, seated on a bench in Weill Hall's second floor hallway

Michael S. Barr, who took office as the Federal Reserve Board’s vice chair for supervision on July 19, will speak about making the financial system safer and fairer on Wednesday, September 7, hosted by the Hutchins Center on Fiscal and Monetary Policy at Brookings. Following his remarks, he will be interviewed by David Wessel, director of the Hutchins Center, and then take questions from the audience. The event is open to the public, both in person and streaming live online.

The post of vice chair for supervision was created by the Dodd-Frank Act to oversee the Fed’s supervision and regulation of banks and other financial companies. Barr was confirmed by the Senate by a vote of 66-28 for a four-year term as vice chair and a term as a Fed governor that runs through 2032. Prior to joining the Fed, Barr was the dean of the Gerald R. Ford School of Public Policy at the University of Michigan. He was assistant Treasury secretary for financial institutions in the Obama administration and served in the Treasury, State Department, and White House during the Clinton administration. Barr clerked for U.S. Supreme Court Justice David H. Souter and Judge Pierre N. Leval of the Southern District of New York. Barr received a BA in history from Yale University, an MPhil in international relations from Oxford University, where he was a Rhodes Scholar, and a JD from Yale Law School. He is the author of No Slack: The Financial Lives of Low-Income Americans and co-author of Financial Regulation: Law and Policy.

Online viewers can submit questions on sli.do using code #MichaelBarr.

Speakers

  • Michael S. Barr, Vice Chair for Supervision, Board of Governors of the Federal Reserve System
  • Moderator: David Wessel, Senior Fellow and Director, Hutchins Center on Fiscal and Monetary Policy, The Brookings Institution

Sponsor and more information

This event is hosted by the Hutchins Center on Fiscal and Monetary Policy at Brookings. For more information, visit the event listing on the Brookings website.

Michael S. Barr portrait

Faculty Expert

Michael S. Barr

Frank Murphy Collegiate Professor of Public Policy; Roy F. and Jean Humphrey Proffitt Professor of Law
Barr is a governor and vice chair for supervision of the Federal Reserve Board, currently on leave from the University of Michigan. At U-M, Barr conducted research and wrote about a wide range of issues in domestic and international financial regulation, with a particular emphasis on financial services for low-income communities. He served in President Barack H. Obama's Administration as the U.S. Department of the Treasury's assistant secretary for financial institutions, and was a key architect of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.