President of the U.S.A chose ex-Ripple adviser as vice chairman of the Fed
The Joseph Biden administration has proposed to the Senate that a former crypto industry consultant be approved for the position of vice chairman of the US Federal Reserve. Michael Barr was nominated by the President of the United States on April 15. Now the US Senate, which rejected Biden’s previous choice, Sarah Bloom Raskin, must vote to nominate a new Federal Reserve Vice Chair. The White House presented Michael Barr as someone who “dedicated his…