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ABA: The American Bankers Association
Statement

ABA Statement on Barr Confirmation to Serve as Fed Vice Chair for Supervision

“We congratulate Michael Barr on his Senate confirmation to serve on the Federal Reserve Board as vice chair for supervision. He joins the board at a critically important moment for our economy with families and businesses facing rising inflation and other challenges. We look forward to working with him and his colleagues at the Fed to ensure that America's banks can continue to provide support to the economy while meeting the financial needs of their customers and communities.”

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $24 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $19.9 trillion in deposits and extend $11.4 trillion in loans.

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Sarah Grano

(202) 663-5470

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