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Biden Nominates Former Ripple Adviser Barr as Top US Fed Regulator

Obama-era Treasury veteran Michael Barr must still win a difficult Senate confirmation.

By Jesse Hamilton

Updated May 11, 2023, 5:09 p.m. Published Apr 15, 2022, 2:57 p.m.

Former Treasury Department official and one-time Ripple Labs adviser Michael Barr has been named as President Joe Biden's latest pick as Federal Reserve vice chairman for supervision. (Andrew Harrer/Bloomberg via Getty Images)