Michael S. Barr has been a member of the Board of Governors of the Federal Reserve System since 2022, and was its vice chair for supervision between 2022 and early 2025.
Before joining the board he was the Joan and Sanford Weill Dean of the Gerald R. Ford School of Public Policy, the Frank Murphy Collegiate Professor of Public Policy, the Roy F. and Jean Humphrey Proffitt Professor of Law at the University of Michigan Law School, and the founder and faculty director of the University of Michigan's Center on Finance, Law & Policy. At the University of Michigan Law School, he taught financial regulation and international finance and co-founded the International Transactions Clinic and the Detroit Neighborhood Entrepreneurs Project.
Barr served as the U.S. Department of the Treasury's assistant secretary for financial institutions in 2009 and 2010. Under President William J. Clinton, he served as the Treasury Secretary's special assistant, as deputy assistant secretary of the Treasury, as special adviser to the president, and as a special adviser and counselor on the policy planning staff at the U.S. Department of State.
Barr was a law clerk to U.S. Supreme Court Justice David H. Souter and to the Honorable Pierre N. Leval, then of the Southern District of New York.
He received a bachelor’s degree in history from Yale University, a master's degree in international relations from Oxford University, and a J.D. from Yale Law School.