Michael S. Barr took office as the Vice Chair for Supervision of the Board of Governors of the Federal Reserve System on July 19, 2022, for a four-year term. He also serves as a member of the Board of Governors for an unexpired term ending January 31, 2032.
Prior to his appointment to the Board, Mr. Barr was the Joan and Sanford Weill Dean of the Gerald R. Ford School of Public Policy, the Frank Murphy Collegiate Professor of Public Policy, the Roy F. and Jean Humphrey Proffitt Professor of Law at the University of Michigan Law School, and the founder and faculty director of the University of Michigan’s Center on Finance, Law & Policy. At the University of Michigan Law School, Mr. Barr taught financial regulation and international finance and co-founded the International Transactions Clinic and the Detroit Neighborhood Entrepreneurs Project.
Mr. Barr served as the U.S. Department of the Treasury’s assistant secretary for financial institutions, 2009–2010. Under President William J. Clinton, he served as the Treasury Secretary’s special assistant, as deputy assistant secretary of the Treasury, as special adviser to the President, and as a special adviser and counselor on the policy planning staff at the U.S. Department of State.
Additionally, Mr. Barr served as a law clerk to U.S. Supreme Court Justice David H. Souter during October Term 1993, and previously to the Honorable Pierre N. Leval, then of the Southern District of New York.
Mr. Barr received a B.A. in history from Yale University, an M.Phil. in international relations from Oxford University, and a J.D. from Yale Law School.