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Biden set to tap former Treasury official Barr as top bank regulator – POLITICO

Barr played a major role in the crafting of financial safeguards in the wake of the 2008 Wall Street meltdown.

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Barr is dean of public policy at the University of Michigan and a nonresident senior fellow at the Center for American Progress, a liberal research group. | Susan Walsh/AP Photo
President Joe Biden is expected to pick former Treasury Department official Michael Barr as comptroller of the currency, a key regulator that oversees national banks, according to people familiar with the matter.
If confirmed, Barr, who has particular expertise in financial technology, would take over the Office of the Comptroller…

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