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Barr Senate Hearing For Fed VC Today At 1000ET

FED

Reminder that on today's agenda is the Senate Banking Committee hearing for Michael Barr who's the nominee for Fed Vice Chairman for Supervision (succeeding Randal Quarles). The hearing gets underway at 1000ET / 1500 BST.

  • Might not be a lot on current monetary policy given it's a largely regulatory role, but since he'd be a permanent voter, it's worth paying attention to any views that can be gleaned today (his prepared testimony includes: "Inflation is running far too high..I would be strongly committed to bringing down inflation to the Federal Reserve’s target").
  • The hearing can be viewed on the committee's website.
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