Source: United States Senator for Delaware Christopher Coons
WASHINGTON — Today, U.S. Senator Chris Coons (D-Del.) issued the following statement after Michael Barr, Dean of the University of Michigan’s Gerald R. Ford School of Public Policy, was confirmed by the Senate to serve as a Member of the Board of Governors as well as the Vice Chair of Supervision for the Federal Reserve Board:
“I congratulate my friend Michael Barr on his confirmation to the Federal Reserve Board today. Michael will be a strong Vice Chairman for Supervision and brings to this role a long commitment to public service and a deep understanding of financial regulation and public policy. In our decades of friendship, I have come to know his collaborative spirit, which will serve him well as the Federal Reserve Board helps our economy recover from COVID-19 and inflation. I was proud to support his confirmation and glad to see him deservedly receive broad bipartisan support.”