The Federal Reserve plays the primary role in fighting inflation and regulating financial institutions. Today’s confirmation of Michael Barr as Vice Chair for Supervision of the Federal Reserve is important progress for my plan to tackle inflation and for sound oversight as we transition to steady and stable growth. The Senate has now confirmed my full slate of nominees, a historic and experienced group that includes Jerome Powell, Dr. Lael Brainard, Dr. Lisa Cook, and Dr. Philip Jefferson. They bring the skill and knowledge needed at this critical time for our economy and families across the country to fight inflation, to ensure ordinary Americans get a fair shake, and to protect the stability of our economy.


Stay Connected

Sign Up

We'll be in touch with the latest information on how President Biden and his administration are working for the American people, as well as ways you can get involved and help our country build back better.

Opt in to send and receive text messages from President Biden.

Scroll to Top Scroll to Top