Consumer Financial Protection Bureau

New research from the University of Michigan points to the potential of public banking to better serve the financial needs of Chicago residents as the volume of complaints about private banking services has increased exponentially over the past...

Ford School dean Michael Barr is President Joe Biden’s intended nominee for vice chair for supervision of the Federal Reserve, the White House announced Friday. Barr is the Joan and Sanford Weill Dean of the Ford School, the Frank Murphy...

The fate of the Consumer Financial Protection Bureau is currently at the discretion of the Supreme Court. Hearing the case and a subsequent ruling would have big ramifications for consumers (i.e. all Americans), and likely on Sen. Elizabeth Warren’s...

Only 10 years out of the Great Recession in which hundreds of thousands of Americans lost their jobs, homes, and savings, the Trump Administration’s deregulatory stance sounds alarms for many in the finance sector. Among the concerned is Michael...

In a recent op-ed published in American Banker, Ford School Dean Michael S. Barr says the U.S. Senate’s new relief bill is a giveaway for large banks and weakens consumer protections.The bill is the first re-write of the 2010 Dodd-Frank Act, of...

This summer, Ford School Dean Michael Barr served as co-counsel on an amicus brief by leading financial regulation scholars in support of the Consumer Financial Protection Bureau. The suit, brought by a NJ-based mortgage lender that had been fined...

Service History Assistant secretary for financial institutions, U.S. Treasury Department (2009-10) Special advisor, President of the United States (1999-01) Deputy assistant secretary for community development, U.S. Treasury Department...

In a Fortune op-ed, “How the CFPB fight is a sign of the next financial crisis,” Michael Barr and Joe Valenti (director of consumer finance at the Center for American Progress) describe how the current legal battle over who is the rightful director...

University of Michigan law professor and incoming Ford School dean Michael Barr has served as co-counsel on a recent amicus brief submitted by leading financial regulation and consumer finance scholars in support of the Consumer Financial Protection...

Michael S. Barr, a key architect of the 2010 Dodd-Frank Act, isn't mincing words when it comes to outlining the stakes of dismantling the historic Wall Street reform and consumer protection legislation. Last month, he testified before Congress on...

President Donald Trump is moving ahead with efforts to overhaul or replace the historic 2010 Dodd-Frank Act—a signature promise of his 2016 campaign. Meanwhile, a case is making its way through the federal courts in which plaintiffs challenge the...

Michael S. Barr’s op-ed, “Why Trump’s financial plan is so dangerous,” was published on November 14 by CNBC.Barr worries that the Trump Administration will reverse the investor and consumer protections strengthened under President Obama, as well as...