Vice Chair for Supervision

E2973

The Vice Chair for Supervision is a senior Federal Reserve official responsible for overseeing and shaping U.S. banking regulation and financial stability policy.

All labels observed (3)

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf Federal Reserve System position
central bank supervisory role
appointedBy President of the United States
chairs Board of Governors Committee on Supervision and Regulation
confirmedBy United States Senate
country United States of America
surface form: United States
createdIn 2010
currentHolder Michael S. Barr
currentHolderNominatedBy Joe Biden
surface form: President Joseph R. Biden Jr.
currentHolderStartDate 2022
firstHolder Randal K. Quarles
focusesOn consumer and community impacts of prudential regulation
safety and soundness of banking organizations
systemic risk monitoring
goal ensure resilience of large banking organizations
mitigate systemic risk in the U.S. financial system
promote financial stability
hasAuthorityOver rulemaking related to bank capital standards (subject to Board approval)
rulemaking related to bank liquidity standards (subject to Board approval)
supervisory guidance for large banking organizations
inauguralHolderStartDate 2017
jurisdiction United States banking system
legalBasis Dodd–Frank Wall Street Reform and Consumer Protection Act
locatedIn Washington, D.C.
memberOf Federal Reserve Board of Governors
surface form: Board of Governors of the Federal Reserve System
nominatedBy Donald Trump
surface form: President Donald J. Trump
oversees Federal Reserve regulatory policy
supervision of large bank holding companies
supervision of systemically important financial institutions
participatesIn Federal Open Market Committee
surface form: Federal Open Market Committee (as a Board governor)
partOf Federal Reserve Board of Governors
surface form: Board of Governors of the Federal Reserve System
publishes semiannual testimony on supervision and regulation to Congress
reportsTo Chair of the Federal Reserve
United States Congress
responsibleFor capital regulation policy recommendations
developing prudential regulatory standards
liquidity regulation policy recommendations
macroprudential supervision policy
resolution planning policy recommendations
stress testing policy for large banks
roleIn U.S. banking regulation
financial stability policy
termLength 4 years
worksWith Federal Deposit Insurance Corporation
Financial Stability Oversight Council
Office of the Comptroller of the Currency

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Federal Reserve Board of Governors leaderTitle Vice Chair for Supervision
Michael S. Barr positionHeld Vice Chair for Supervision
this entity surface form: Vice Chair for Supervision of the Board of Governors of the Federal Reserve System
Vice Chair of the Federal Reserve relatedPosition Vice Chair for Supervision
this entity surface form: Vice Chair for Supervision of the Federal Reserve