Barr, who is currently the public policy school dean at the University of Michigan Law School, will also arrive at the Fed with a significant crypto background, having served on the advisory board at Ripple Labs. When he took that job in 2015, he said that he thought “innovation in payments can help make the financial system safer, reduce cost and improve access and efficiency for consumers and businesses alike.”
Former Crypto Adviser Michael Barr Confirmed as Federal Reserve Vice Chair
