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If approved by the full Senate, Barr’s position at the Fed would allow him to help develop policy recommendations on supervision and regulation for other board members, including governors Michelle Bowman, Christopher Waller, Lisa Cook and Philip Jefferson, vice-chair Lael Brainard, and chair Powell — the latter four of which were confirmed in May. “But a market without rules is theft, and right now regular investors in stablecoins and crypto aren’t getting the baseline protections available in other financial markets.†Related: Bitcoin shakes off Fed volatility as analysts remain split on return under $24K Barr was Biden’s second nomination for Fed vice chair for supervision following the withdrawal of Sarah Bloom Raskin in March.

“Any investment involves risk — that’s how markets work,†said Warren. Warren cited the recent market volatility, which included TerraUSD (UST) depegging from the dollar and then attacked unnamed celebrities for endorsing certain crypto projects. Responding to questioning from Massachusetts Senator Elizabeth Warren at the hearing, Barr confirmed that he would not work in “any financial services company†potentially having assets under the Federal Reserve’s purview for four years following his prospective time at the government agency. In attendance at the same hearing were prospective commissioners for the Securities and Exchange Commission — Jaime Lizárraga and Mark Uyeda — who, if confirmed, would serve under chair Gary Gensler. government were responsible for addressing investor protection around cryptocurrencies. Senate Banking Committee on Thursday According to Barr, “other agencies†within the U.S. Prospective Fed vice chair for supervision Michael Barr addressing the U.S.

Barr added that the Fed potentially releasing a central bank digital currency was an issue that required “a lot more thought and study,†echoing Fed chair Jerome Powell’s views concerning due diligence. lawmakers to regulate stablecoins in an effort to address “financial stability risks.†In a confirmation hearing before the Senate Banking Committee on Thursday, Barr said innovative technologies including cryptocurrencies had “some potential for upside in terms of economic benefit†but also “some significant risks,†citing the need for a regulatory framework on stablecoins to prevent the risk of runs. Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the Federal Reserve, called for U.S. As a general rule, if someone has flair, they almost definitely know what they're talking about.Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins Microsoft employees typically have MSFT Official flair, and MVPs usually have MSFT Enterprise Mobility MVP with a link to their personal site/blog.
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Please send mod mail if you qualify and would like flair set for your account.

Listing of Local ConfigMgr-related User Groups (largely outdated) URL shorteners cause this almost every time, but so do strings of apparent gibberish like WSUS and PXE sometimes. It might have been caught by the spam filter. Post your SCCM tips and tricks, requests for help, or links others might find useful! Post not showing up?
