Barr Joins Fed With a Long To-Do List
Also, the SEC scraps some constraints placed on proxy advisors during Trump administration
Michael Barr won Senate confirmation by walking a delicate line, appealing to moderates as a pragmatic regulator while riding the backing of Elizabeth Warren to prove his kinship with progressives. That’s a balancing act that is going to be increasingly hard to maintain as he settles in as the Fed’s top banking regulator.
How Barr navigates the ongoing p…